For Sale – Tallinn, Estonia - Medieval City
Hostel has 64 - 74 beds – 5 yrs in operation.

The hostel is located in the city center, 500 meters from the Medieval Old Town, 600 meters from the International Bus Station, 800 meters from the Harbour and direct bus access to airport.

If you 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 includes everything the hostel has: including a fully equipped kitchen with stove, microwave & fridge, Dining tables & chairs, professional 3phase electrical washing machine & a professional 3phase drying machine, Double Beds & matresses, Bunk beds & mattresses, mattress protection for every bed, electric blankets for every bed, pillows, large lockers for every bed, all linen, Lounge chairs, 130 cm Flat screen TV, computers, website, a 10 seater bus with professional sign writing on it, etc. (Building not included in sale)

The Building is leased/rented – it runs on a 3 yr rental agreement and it is re-negotiated & renewed every 3 years.
The current lease is valid until December 2014.

Owner is leaving town.
Over the past 5 years owner has invested more than 50,000.00 Euros improving the building.

The hostel is open & running and it already has many many bookings for several months ahead.

Replacement cost for all of the above goods is over € 75,000.00

Asking price - € 39,500.00

Please only genuine inquiries – price not negotiable and please ensure you have access to all of the funds before you contact us. Past records can be made available but only in person and onsite.

Looking forward to hear from you!