Luxury Hotel Assets for Lease in Srinagar, India

45-room hotel located near Dal lake in Srinagar, available for a 3-year lease.

This transaction has concluded.

Garden located in the hotel's complex

External view of our 45-room luxury hotel

Ownership Duration	10-20 year(s)
Industries	Luxury Hotels
Locations	Srinagar
Local Time	10:28 AM Asia / Kolkata
Listed By	Business Owner / Director
Status	Moderately Active

5.1 / 10

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Yearly Lease Amount

Asking Price: USD 400 thousand (Native Currency: INR 35,000,000)

Reason: The operational head wants to concentrate on a different business and hence wants to lease the prope... View More

Interested to connect with advisors

Assets Description

- 4 storey hotel with 45 rooms, built on 2 acres of land.

- The hotel has an in-house restaurant serving both veg and non-veg items, it has 3 lounges and a parking facility as well.

- Yearly revenue generation for the hotel is approximately INR 4.5 crore.

- Hotel has 100% occupancy in 120 days of the tourist season and 40% occupancy for the rest of the year.

- The hotel lease agreement will be given for 3 years and can be extended as well.

- Lessee will incur all the operational expenses.

- The property is completely debt-free.

- The hotel and its property have 3 equal owners.

Recent Activity

Earlier than 15 days
Owner, Travel Agency, Ganderbal, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Managing Partner, Mumbai, Financial Consultant connected with the Business
Earlier than 15 days
Business Development Head, Hotels & Resorts, Mumbai, Corporate Investor / Buyer connected with the Business

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Luxury Hotel Assets for Lease in Srinagar, India

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Lease Luxury Hotel Assets in Srinagar, India

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Luxury Hotel Assets for Lease

Luxury Hotel Assets for Lease in Srinagar, India

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