Asking Price | 30 Crs |
Turnover | 1.4 Crs |
Legal Entity | Proprietorship |
Category | Hotels & Resorts |
Sub Category | Hotels |
Business Listed By | Representative |
A 13-14 year old Pre-leased hotel for outright sale in Bangalore. The land area of the hotel is 900 SQ.YARDS and the build-up area is 24000 sq. feet. Ground + 4 storied. The hotel has 56 Rooms It has FNB outlets: Fine-Dine Restaurant, Coffee Shop, Banquet Hall, Big kitchen. The hotel has Room Service, Multi Cuisine Restaurant, a Coffee Shop, Free Access to Wireless Internet, and 2 Sizes of Party Halls to accommodate 30 to 150 guests. The room tariff started from Single Rs. 3500-Rs7000. Recently major renovations were done to the tune of Rs 2.5 crores. We have rented the hotel to a brand for a 9-year lease for Rs 12 lacs per month with a 5% escalation every year. The rent was started in Nov 2023
2008
15
Running
No
Owned
N.A
Commercial
900 sq.yards
we have competitors
3 star pre-leased hotel for sale i
high
Age of owner
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Asking Price | 30 Crs |
Turnover | 1.4 Crs |
Legal Entity | Proprietorship |
Category | Hotels & Resorts |
Sub Category | Hotels |
Business Listed By | Representative |