3 Star Hotel for Sale in Chennai, India
The Best 3 Star Hotel Property in Chennai, India for Sale
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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About This Property
Category
Hotels
Sold by
Agent
Address
Chennai
India
India
Area
1,600 Sq. Ft.
Bedrooms
40
Features - Amenities
- Furnished
- Appliances
- Pet Friendly
- Laundry Room
- Balcony
- Cable TV