Hotel for Sale in Shenzhen, China

Hotel is located in a commercial area of Shenzhen. There are many shopping malls and supermarkets located nearby. It is conveniently located near subway stations and bus stops. The hotel's operation was stopped due to renovation work. The owner has completed 80% of renovation work but does not have funds to finish the remaining 20% of renovation.

Total area size of the hotel including all floors is 5,726 sq mt. The property and assets of the hotel are owned by the company. Every 50 years, the company has to pay a small fee to the government to renew the property certificate.

The hotel location has the potential to be within the Shenzhen city's renewal plan. The land and property value are increasing in the area. Company is only looking to sell the hotel and assets attached to the business. Full sale of the business does not include the legal entity of the company and brand name of the hotel. Business owned assets include land, building, furniture and equipment.

The interested buyer has to register a new company to run the hotel. Once the deal is finalized, the process to transfer the assets and legal work would take about 4 working days. Foreign buyer can also buy this property.

Hotel in Shenzhen.

Company owned land and building. Total area size including all floors is 5,726 sq mt.