Commercial Building Cum Hotel and Restaurant for Sale

Listing ID: SL010180
Posted By: Owner
Last Active: 1+ year ago
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Product / Service

Commercial Space, Hotel, Restaurant and Banqueting.

Clientele type

Corporate and Tourist are major clients.
Post covid Average occupancy rate is 85%.

Premises

OWNED

Premise Size: 724 Sq Mt

Market Value (in INR): 280000000

Situated in the centre of the town 1 KM away from the International Cricket Stadium and 15 minutes from the Airport.
There is a 5+1 story building that hosts car parking, Private Bank as a tenant, two restaurants, Banquet Hall, and a 14 room boutique hotel.
All the 6 floors are equipped and connected with a fully automatic Elevator by OTIS.
There are two banquet hall one can accommodate people up to 100 and other one up to 50.

Asking Price Includes

Land, Building and Business.

Reason

Raising Funds for other business.

Other Details

It is a landmark property and a Hotel-cum-commercial building situated in a radius of 1 KM of all important government and private offices.
Built and registered in 2007 with the norms of the tourism department along with all required NOC, Approvals and Certifications.
Per month expenses of business are around INR2,00,000

Keywords

Business Tags

ample free parking ample space Approvals Area size Automatic Machineries Brand name Can be Immediately Started can be started immediately Central Location Clean Records Clientele from Different Countries Commercial showrooms Contract with well-known Brands Corporate Clientele Excellent Quality Fully Functional Good Ambience Good area of Land Good customer base Good Customer rapport Good Infrastructure Good Interior Good Location Good relations Good reputation Great Goodwill Growth prospects with increase in fees High Customer footfalls High Potential Highly Profitable Hotels association Huge potential Large Clientele Large customer base Licences Located on main road Many Rooms Nortrh Indian & Chinese Cuisine Posh area Posh Location Posh vicinity Potential customers Prime Commercial Area Prime Commercial Location Prime Corporate Location Prime Location Profitable QSR Facility Quality Quality Products with Brand name Renowned Rental Premises Rented Reputed Clients Scope of Expansion Spa Strong goodwill Strong presence in market Tie ups with many channel partners Tie-ups with online food ordering website Tie-ups with very Big Brands Very good Infrastructure Website Well established Well Furnished Well-Equipped Well-established Well-Known Well-known Clientele Well-known customers Wide Customer base

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