Partially constructed Three-star Hotel in Nellore For Sale
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Product / Service
Hotel and Convention Hall.
Clientele type
N/A
Premises
A total of five floors have been constructed, with the 3rd, 4th, and 5th floors designated for hotels. The combined carpet area of the 3rd and 4th floors is 40,000 square feet, and the 5th floor measures 5,000 square feet
Asking Price Includes
Hotel and the Convention Center
Reason
Working Capital for Alternate Business.
Other Details
The hotel is situated in the main commercial area of Nellore. We have also signed an MOU with the Fortune Group of Hotels; royalty percentages and other financial details can be shared with interested buyers.
In total, we have constructed 60 rooms. The hotel is 80% completed. We have permission to construct a bar on the top floor of the restaurant. The hotel is 90% completed; only finishing touches are left due to the COVID-related work stoppage.
There is a separate two-floor parking space measuring 40,000 square feet.
₹10 to ₹200 Cr
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