Hotel in Prime Location of Vadodara for Sale
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About Business
The well-established hotel started in the year 2014, The hotel is located in prime location in Vadodara. The hotel is most sought after and preferred by travellers' due to its proximity to Vadodara Railway Station(1.5 K.M) & Airport(3.5 K.M) and has few other U.S.Ps which are mentioned under.
1) It is located near Vadodara railway station, 1.25 Km from Central S.t Depot. 3.5 KM from the airport.
2) The hotel is one of the high selling property across major room booking websites(Goibibo, MakeMyTrip, Booking.com etc)
3) Consistently Rated No.1 on TripAdvisor since June 2014 inB&B category of Vadodara Hotels.
Total built up area size of the hotel is 16000 Sq ft.
The hotel has basement of (2750 Sq.ft), Ground floor (250 Sq.ft rear part),
1st Floor(2550 Sq.ft),
2nd Floor (2550 Sq.ft),
3rd Floor (2550 Sq.ft),
4th floor (2550 Sq.ft)
Terrace (Covered area of 1650 Sq ft and open terrace 900 Sq.ft).
The ground floor has staff & service entry, 1st floor has a reception area, office and 6 rooms, 2nd, 3rd and 4th floor has 8 rooms on each floor. There are total 24 executive rooms and area size of each room is 240 Sq.ft, 6 Deluxe rooms and area size of each room is 175 Sq.ft.
Hotel Basement utility services like Underground Tank. Softer Plant, Store.
Office for Accounts +Ad-min + Staff rooms.
The hotel has all the required permissions such as Health, Fire, and police permissions. The hotel has lift from basement to the terrace (Automatic).
The hotel generates average revenue of 1.5 Cr per year and the profit margin is 60 %. The asking price of the hotel with business is Rs 17.51 Cr.
Reason
Owner is in the Business of Property Development
Keywords
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₹10 to ₹200 Cr
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