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Hotel Assets for Sale in Kalka, India

For Sale: 60,000 sqft property with 38 rooms, 4 large halls kitchens, rooftop, parking space.
This transaction has concluded.
This Business is on a Premium Plan
Ownership Duration 5-10 year(s)
Industries Hotels
Locations  Kalka
Local Time 3:05 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Asset Sale
Asking Price: USD 3.3 million (Native Currency: INR 280,000,000)
Reason: Have other businesses to look after.
Interested to connect with advisors
Assets Description
- We wish to sell our fully built 60,000 sq ft furnished property ideally suitable for hospitals and hotels.
- We are running a hotel on the property at the moment on a small scale but can be easily converted for other purposes.
- Located at the mouth of Himachal Pradesh on the main road.
- Built on 3,200 sq yard land with ample parking space, 38 rooms, 4 large halls (2,000-7,000 sq ft), 2 kitchens, rooftop, 120 car park space.
- Hotel is operational at the moment but it is at a very small scale with negligible revenue.
- Building is on the main highway and is close to the railway station, and bus stand.
- Property has a bank loan of INR 2.25 crore.
- Property is owned by a single owner.
- Building was built in 2 parts. Started in 2015 and the second part was completed in 2018.
- We are builders by profession so built this as an additional source of income.
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, Delhi, Financial Consultant connected with the Business
  • Earlier than 15 days
    Partner, Nagpur, Accounting Firm connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
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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