Price: ₹ 20 Lac
Property Details: • Type: Hotels • Project: N/A • Built-up Area: 28000 sq.ft • Floor: Ground of 6 floors • Age of Property: 10 to 15 years • Ownership: N/A • Furnishing: Furnished • Facing: West
Amenities: • Car Parking • Power Backup • 24 x 7 Security • Lift • Maintenance Staff • Vastu Compliant • Security / Fire Alarm
Landmarks: • School • Shopping Mall • Bank • Bus Stop • Water Purifier • Fan • Fridge • Exhaust Fan • Geyser • Light • Curtains • TV • AC • Bed • Wardrobe • Sofa
Property Description: 3 Star Business Hotel with 25 rooms and Restaurant available for rent /lease at Doddanekkundi Metro Station, on Outer ring road. Very Good Location surrounded by IT Parks, Residentials Apartments and Fern City The Property is currently running for last 12 years and owner is willing to let out to focus on other business ventures. The property have Basement plus 5 floors and usable terrace space ground and first floor is allocated for Kitchen and restaurant, and 3to 5 floors have total 25 rooms fully furnished and operating with rates 2500 -5000 per day/night
Owner is a Muslim and Liquor is not allowed in this property, so No Pubs are allowed at this property .
The running rents in this area are upto 120/sqft to 150/sqft on ground floor, Owner is professional business person and wish to consider little negotiations for good tenant
Expectations/Lease Terms: Monthly Rent: 20 Lacs Security Deposit: 2 crore Annual Increment: 10% Lease duration: 5 to 15 years Handover: AS IS Condition Renovation Waiver: upto 1 Month time allowed for rent free renovation Refurbishment: Tenant can do as per his interest, the property is ready to operate Negotiation: Slightly Available for right party
all Interested tenants can contact srinivasarao for immediate site visit and deal finalization all brokers are discouraged and only direct tenants are expected to contact