3 Star Hotel for Sale in Chennai, India

A 3 Star Hotel for Sale in Chennai

Salient Features of one of the best 3 star hotel properties available for sale in Chennai;

~This hotel is located in Koyembedu which is developing very fast

~There are three partners

~The managing partner controls 50%, his son 25% and another partner 25%

~All of them are mutually interested in the disposal of the hotel

~The main reason for the proposed sale is they intend putting up a bigger hotel

~The hotel commenced its operations only during August 2005

~The hotel has been constructed after obtaining all necessary statutory approvals

~The hotel is situated on a 16,000 sqft land area (length 200ft and breadth 80ft)

~Total built-up area 35000sq.ft

~Total sizes of the plot 80 x 200

~Nos of banquet halls is 4 nos

~Roof – top restaurant

~The hotel has 40 rooms, with the permission to put up another 15 rooms

~It has 4 banquet halls

~3 halls could be used as a single hall in case of necessity

~It has a multi-cuisine restaurant

~Roof top could also be developed to put up a specialty restaurant

~It has a bar

~Once the incoming partners join the firm, the existing partners will retire

~The latter option, is suggested to save registration fee


Note: Terms & Conditions apply. Subject to availability
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