As other reviewers have noted, this is a small, family run hotel, and should be considered in this context. Firstly, everyone who worked in the hotel was extremely friendly and keen to help in anyway they could. However, this can't take away from the fact that our room looked pretty tired, run down and worn, and had obviously seen better days. Same can be said for the bathroom which was equally shabby.
Our room looked out on the street below, which as others have pointed out contains a couple of bars and some sex shops / strip clubs. Problems arose when we were woken each night by people exiting these establishments (we stayed Saturday night and Sunday night) which was not great.
Location is ok - close to the train station and about a 10 minute walk through the town centre to the old town.
All in all, we had an ok stay and it was acceptable for our needs given the price we paid (60 euros per night). That said, we would probably look elsewhere should we return to Nuremburg.