Overview
A running 4-star hotel is available for sale in Amritsar, operational since November 2017. Built on 1,250 sq. mt. land area with 5 floors and a built-up area of 65,000 sq. ft., the property offers 130 well-established rooms with four passenger lifts. Guest amenities include an all-day dining restaurant, bar, outdoor breakfast area, swimming pool, and gym. The hotel features ~5,000 sq. ft. of banquet and meeting space, including a 2,500 sq. ft. ballroom and multiple meeting rooms, creating strong MICE potential. Current ARR stands at ₹4,978 with 65.9% occupancy. The ground and first floor, measuring approximately 35,800 sq. ft., are leased to a pharma and other reatil brands for pharmacy outlets, generating ₹16.5 lakh per month as additional rental income, with a 15% escalation every three years.
Business Details
Describe Property
N.A
Competition / Market
Yes
Products & Services
4-Star Hotel
Growth Potential
Very high potential
Reason For Sale
Retirement
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