Overview
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
Business Details
Describe Property
900 sq.yards
Competition / Market
we have competitors
Products & Services
3 star pre-leased hotel for sale i
Growth Potential
high
Reason For Sale
Age of owner
Financial Details
How the Acquisition Process Works
- 01Contact SellerContact Seller
- 02Teaser/Information MemorandumTeaser/Information Memorandum
- 03Valuation ReportValuation Report
- 04FinancialsFinancials
- 05Schedule an Advisory MeetingBook Your Consultation