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Hotel Assets for Lease in Kozhikode, India

4-star boutique hotel with 45 rooms at a prime location in Kerala available for lease.

Ownership Duration 10-20 year(s)
Industries Hotels
Locations  Kozhikode
Local Time 7:44 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
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Yearly Lease Amount
Asking Price: USD 2.4 million (Native Currency: INR 200,000,000)
Reason: This property has huge potential and high returns but promoters are not able to focus on this busine... View More
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Assets Description

- A company-owned 4-star boutique hotel with 45 rooms, a multi-cuisine restaurant, 2 banquet halls, and a boardroom for executive meetings along with an exclusive bar.

- The business is operational and has an occupancy rate of about 75% at present.

- The property is located in the heart of the city and accessible for shopping, sightseeing & transportation.

- Property has 5 floors spread across 25,000 sq. ft.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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