€55,000,000 (Negotiable) A prime freehold hotel in central Munich, steps from the Hauptbahnhof, offered as a going-concern share sale including building, operation, planning consents, and underground parking. Currently operating c.50 keys with planning approval secured to expand to approximately 100 keys across ~6,450 sqm GFA. Ground floor commercial income of c. €660,000 per annum. Significant vacant space awaiting renovation and activation. Priced on freehold real estate value and development upside — not current trading. Competitive on a per-sqm basis within Munich's prime central market.