4 Star hotel for sale in Cochin
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Started in 2008, this is a 4-star hotel based in Kochi that is up for sale. Established on a land of 40 Cent, the total built-up area is approximately 50,000 sq. ft. and the building has 8 floors. The hotel has a luxurious ambience and state of the art facilities. They have 48 fully air-conditioned rooms which includes deluxe rooms, executive rooms, suites and presidential suites.
It has 2 restaurants, 1 executive lounge, 1 beer and wine lounge and 1 coffee shop along with 24-hour room service. There are 3 conference rooms and banquet halls in the premises, their capacity varies from 20 – 300 people. Some of the amenities provided by the hotel are in-house laundry, gym, book & curio shop, business centre, centralized kitchen, 2 guest elevators, ample car parking. Some other features of the hotel include staff changing rooms, staff cafeteria, admin office, sewage treatment plant, solar water heating, led lighting. The current total staff strength of the hotel is 60 people. The owner wants to sell the business as they are planning to invest in some foreign companies.
The asking price for this hotel is INR 50 Cr. (Negotiable).
Reason
Want to exit from hospitality business and invest in foreign companies.
Business Tags
₹10 to ₹200 Cr
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