Hotel & Restaurant 23000 Sq.ft. for Sale in Kovalam, Thiruvananthapuram

Listing ID #1411770

PROJECT I
In KOVALAM TRIVANDRUM
*Hotel name and address location* : Resort
Kovalam beach

*Land area* : __73Cents._

*Total Sq ft of Construction* : _26500__ Sq ft

*If any FSI available for additional construction of rooms* : YES


*Category* : 3 Star facilities


*Number of rooms* :37


*Started operations in* :2010April


*Average Room Rate per night* : Rs.__2500_/- per night


*Occupancy Avg since Jan 2023* :70 ___%Avarage per day 20 rooms


*Occupancy Avg since July 2022* : ___%Due to COVID 19
After COVID open October 2023


*After sale would the operations stop or the entire staff and complete management stay as it is i.e. operations of hotel*: complete withdraw the staff.
And vacant position.



*How will the sale transaction be, transfer of shares or if different pls mention here* : only sale


*What are the current liabilities of owners of hotel any loan, debt etc* : _02_ crs


*Freehold or leasehold land* :free hold


*Whether currently operational* : Yes


*Net profit since last 6 months* : per month 10 lakhs - 60 lakhs


*Sale price* : _25__ cr

*Bank Valuation* : __25_ cr

*Reason for sale*: owner is old-age , Children have not interested for running..rn