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Hotel Assets for Lease in Narok, Kenya

Hotel in Narok with 16 rooms, restaurant, kitchen, conference facilities and tents, seeking a tenant.

Ownership Duration 1-5 year(s)
Industries Hotels
Locations  Narok
Local Time 3:36 AM Africa / Nairobi
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Yearly Lease Amount
Asking Price: USD 38 thousand (Native Currency: KES 5,000,000)
Reason: The owner is unable to run the operations full time as she resides in a different locality and has l... View More
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Assets Description
- Hotel located in Narok, Kenya.
- The property is a 2-story building with 16 hotel rooms, a fully equipped kitchen, a restaurant, and two conference facilities.
- Additionally, it provides 200-seater tents, allowing for large events or gatherings, and free parking for guests.
- The hotel property is secured by a concrete fence and benefits from the use of solar panels, reducing reliance on traditional energy sources and potentially lowering operating costs.
- The business's strategic partnerships with online booking platforms such as Booking. com and Expedia. com provides a significant avenue for attracting guests.
- There is also the availability of laundry items, utensils, furniture and water tanks.
- With a capacity for up to 200 guests in the tents, the property has the potential to cater to large events, conferences, and group bookings.
- Peak season is between June and December during which there is almost full occupancy with tourists.
- The promoter is the sole owner of the property. No liabilities.
- The lease agreement will be for 3 years and a 6 months deposit will be charged in advance.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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