Established boutique hotel for sale or Lease in Nainital
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Product / Service
Luxurious/boutique lodging, rooftop cafe.
Clientele type
Hospitality clients with travelling purpose of leisure or business.
Premises
OWNED
Premise Size: 800 sq gaj
Market Value (in INR): 5.00 Cr
13 fully furnished room with valley view, with open rooftop, garden and balcony spaces. Recently renovated and well maintained. G
Asking Price Includes
Lease amount
Reason
Amount required to invest/acquire another property.
Other Details
A team of 6 people are running the place under the guidance of an experienced general manager with a proven track record.
There is further scope of constriction:
1. Addition of a new floor (upto 5 new rooms) (permission can be atttained since LDA regluations has been lifted from the area.).
2. construction over the garden area(160-170 gaj).
3. interior upliftment ideas (upon request).
4. Opportunity to acquire more land in adjacent and behind the property in continuation(about 1 acre), if you wish to convert the place into a resort later on.
The owners are open for full sale or providing it on lease.
Asking price for full sale is INR 5.5 cr and lease amount is INR 15 lakhs per year valid for 4 years.
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₹10 to ₹200 Cr
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