Hotel Assets for Rent in Indore, India
For Rent: Hotel property at a prime location with 30 rooms, restaurant and rooftop banquet.
This transaction has concluded.
| Ownership Duration | 10-20 year(s) |
| Industries | Hotels |
| Locations | Indore |
| Local Time | 3:12 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Monthly Rent
Asking Price:
USD
8 thousand
(Native Currency: INR 650,000)
Reason: The property was given on lease to a hotel business. They are now moving out as they have constructe...
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Documents
ROC-Verification.pdf
(59.9 KB)
Assets Description
- Hotel constructed on a 6,830 sq ft property with a built-up area of 24,830 sq ft that is owned by the company.
- Property is located on the main road with bus stand and multiple businesses nearby.
- The building has 30 rooms, a restaurant, a rooftop banquet and a basement parking space for 22 cars.
- Restaurant can accommodate 80 individuals and banquet can accommodate 300 people.
- With the current tenant, the hotel has 65-70% occupancy rate.
- The new hotel business tenant will get only the building on rent. They have to purchase furniture, kitchen equipment and other hotel amenities.
Recent Activity
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Earlier than 15 daysDirector, Food Processing, Indore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysIndependent Advisor, Indore, Financial Consultant connected with the Business
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