Hotel on Lease in Baroda
Listing ID: SL000274
Posted By: Owner
Last Active: 1+ year agoo
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Product / Service

Hotel offers 40 well furnished rooms, AC Rooms as well as Non AC Rooms. All the rooms have attached toilet with Hot & Cold water round the clock, telephone intercom and colour television with latest satellite channels on the air. Travel & Secretarial Services, Doctor on Call, Locker Facility and well equipped Gymnasium. The key promoter of the Hotel is an experienced Hotelier being in the Hotel Business for last 25 years and more, Hotel has 02 well-furnished and equipped AC Halls with capacity of up to 50 to 200 approx. It's having 70 - 75 % occupancy last year with 11.26 lacs net profit. The property was constructed in 1989/90 and the property is occupied by the owner. Land area is 8850 sq. ft. and built up area 12000 sq. ft. Hotel has 4 floors with banquet hall and restaurant. 80 lacs for deposit and 8.5 lacs Lease per month (Negotiable)

Reason

Owner wish to Retire

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