The Best 3 Star Hotel Property In Chennai, India For Sale

Asking Price: $5,500,000 USD  (Negotiable)

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

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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About This Property

Category: Hotels Address: Chennai Chennai India For Sale By: Agent Construction Year: n/a Area: 1,600 Sq. Ft

Bedrooms: 40 Bathrooms: n/a Sleeps: n/a Stories: n/a Parking Spaces: n/a

Features - Amenities

Furnished Appliances

Pet Friendly Laundry Room

Balcony Cable TV

Contact - More Information

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