Hotel for Sale in Trincomalee, Sri Lanka

Hotel business located in Kandy Trincomalee main road, spread over 407 perches 100% clear Swarnabhumi deed (We give another 38 perches of reservation for free so altogether size of the land will be 446 perches), providing hotel accommodation, over 100 ft wide front facing to the main road, and also has a restaurant, guest house, parking facilities & a banquet hall in the hotel.

You can renovate it, however, you like it.

- Hotel has 15 standard rooms, 19 budget rooms, restaurants & a fully A/C banquet hall which can accommodate 250 guests.

- We have license FL7 & FL8 for liquor. Only need to renew. The last renewal date was 8 years back.

- We can serve liquor from 10 am to 12 midnight.

600m to Trincomalee Kachcheriya.

3km to Trincimalee town.

3km to hot springs.

2.4km to Trincomalee town beach.

5km to Koneswaram Kovil.

8km to Nilaweli Beach.

8km to Marble Beach.

4km to Prima.

3km to Tokiyo Cement.

6km to Chainabay airport.

4.5km to Chainabay Harbour.

4.5km to IOC oil storage (famous Trincomalee petroleum)

Services overview.

We have room facilities, a restaurant, wedding, conference, bar and massive parking facility.

Suggest development ideas.

You can build a massive apartment complex with a hotel.

Build a new huge supper market with a bake house and restaurant.

The hotel is undergoing renovation since the last year and has not generated any sales.

We have room facilities, a restaurant, wedding, conference, bar and a parking facility.

Physical assets include the land of 446 perches including the reservation of the guest house building with furniture. The combined value of the land and building is about LKR 300 million. The building is almost 18 years old.

Intangible assets include brand name and goodwill.

Owned hotel with 15 luxury rooms, 16 budget rooms, banquet hall with 250 seats.

The guest house has been constructed on a land of 446 perches.

We have 2 directors on the board and both of them are family members and we only have LKR 4 million loan.