4-Star Deluxe Hotel For Sale In Bangalore
About Business
It is a 28-year-old, well-maintained hotel with various amenities and updated interiors. This is a four-star deluxe business class hotel, which was certified as the 2nd Best Hotel in Bangalore as per TripAdvisor.
The hotel is located in a posh and upscale area, close to other luxury hotels, business districts, fine-dining restaurants, and designer boutiques, attracting both affluent locals and international visitors.
- 78 deluxe Rooms, 12 Executive rooms, and 6 Suites.
- 1 Restaurant, 1 Restobar.
- 1 Banquet hall.
Clientele type
The hotel is located in a posh and upscale area, close to other luxury hotels, business districts, fine-dining restaurants, and designer boutiques, attracting both affluent locals and international visitors.
Premises
OWNED
Premise Size: 61,000 sq ft
Market Value (in INR): 180.00 Cr
- Land – 17,000 sq ft (100×170)
- Super Built – 61,000 sq ft (approx)
- 6783 sq ft each floor (approx)
- Basement, Ground, Mezzanine, Service floor, 6 Guest floors, and Terrace.
- 96 rooms, equipped with centralized A/C, Smoke detectors, and Sprinklers.
- 78 deluxe Rooms, 12 Executive rooms, and 6 suite rooms.
- Gym and Spa.
- 1 Restaurant, 1 Restobar, 1 Banquet hall, 1 Board room, and 2 Kitchens.
- OTIS Elevator: 2 Guest Elevators and 1 Service Elevator.
- Parking: 20 Car parking, 10 two-wheeler guest parking, and 10 two-wheeler staff parking.
Asking Price Includes
The asking price includes land, building, facilities, staff, etc.
Reason
The owner wants to sell this property and invest in other projects.
More Details
Licenses available are:
- Boarding and Lodging Trade License.
- Liquor License: CL 6A.
- Pollution/ Fire License.
- All ESI and Provident Fund related to Labour and Staff are also timely updated.
Keywords
Business Tags
₹10 to ₹200 Cr
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