Newly Established Hotel for Sale in Nellore, India

- Hotel Rooms (41 keys) – Offering comfortable accommodations for both business travellers and tourists.
- Restaurant (60 seats) – Providing dining services to in-house guests and local patrons.
- Banquet Halls (2) – Designed to host corporate events, weddings, and social functions.
- Users:
- Business travellers seeking accommodation and meeting spaces.
- Corporate event organizers for conferences and seminars.
- Local residents booking weddings and social events. - Land ownership: Freehold ownership of 25,000 sq. ft. of land, valued at INR 15 crores.
- Building and infrastructure: The hotel building, including all rooms, restaurant, and banquet halls, was constructed at a total cost of INR 15 crores, including furniture, fixtures, and equipment.
- Restaurant + kitchen: INR 3 crores.
- Banquet halls: INR 2 crores.
- Rooms (41 keys): INR 8 crores.
- Other hotel equipment: INR 2 crores.
- Hotel complex: The hotel complex consists of a 41-key business-class hotel, a 52-seat restaurant, and two banquet halls, all housed within the 25,000 sq. ft. area. - Built-up area: The hotel encompasses a total built-up area of 25,000 square feet.
- Number of floors: The property features a ground floor plus four additional floors, housing 41 rooms, a 52-seat restaurant, and two banquet halls.
- Location: Situated in central Nellore. - Ownership: The business is jointly owned by two brothers, each holding an equal stake.
- Current funding: The business is financed through revenue generated from hotel operations.
- Debts/loans: The building was financed with a bank loan, which the business is actively repaying while continuing to earn revenue from hotel services.