For Sale – 64 Bed Hostel
For Sale – Tallinn, Estonia - Medieval City
Hostel has 64 beds – 5 yrs in operation.
The hostel is located in the city centre, 500 meters from the Medieval Old Town.
If don’t know much about Tallinn - Tallinn's Medieval Old Town takes on an especially magical quality this time of the year as a fresh powdering of snow covers its gabled rooftops and outdoor candles fill its cobblestone lanes with a flickering glow. Though the nights may be dark, winter is when you'll find Tallinn at its most enchanting.
The hostel is situated on a 20x30 meter plot of land with its own private car parking area (10 vehicles) central city neighborhood great for sightseeing, rest or relaxation. There are restaurants, bars, yoga studios, shops, pharmacy, etc nearby.
Sale is for all of the Hostel’s goods including a fully equipped kitchen, Dining area, professional washing & drying machines, Beds, Bunks & mattresses, all linen, pillows, 130 cm Flat screen TV, & website.
Owner is leaving town – so you may just buy all of its items/goods as a package to set up a hostel somewhere else or if interested to continue to operate the hostel here in Tallinn: The Building is leased/rented – it runs on a 3 yr rental agreement and it is renegotiated & renewed every 3 years. The current lease is valid until December 2014.
Replacement cost for all of the above goods is approx € 65,000.00
Asking price - € 35000
Please only genuine inquiries – price not negotiable and please ensure you have access to all of the funds before you contact us.