Chandigarh 5 star hotel for sale

SILENT FEATURES OF THE HOTEL

1     Total Rooms – 161 (Including 15 suits)

2     AREA of The land – 9603 Sqyds

3     Nos of Floors – Basement  + Floor +6 floors

4     Total Covered area - 145707.50 Sqft

5     Basement Area – 21800 .00 Sqft(Includes plant and Machinery)

6     Other facilities – Health Club ,One Banquet Hall ,Business Centre ,Office and staff facilities and Discotheque.

7     Ground floor – 22,000 Sqft (including Banquet hall ,Lounge lobby reception shopping arcade ,coffee Restaurant ,poarch,huge green lush lawns(under growth) parking area (under renovation and upliftment).

      8. First floor – 122230.00 Sqft (including Kitchen ,Restaurant ,Bar ,Conference room ,kitty party rooms ,M.D ‘s Room with office ,6000 Cut out for full height. Open for beautifications of lobby.

9.      2^nd floor – 17200.00 Sqft (Guest room no 31 inclusive of 2 suits)

10.   3^rd floor – 17200.00 Sqft (Guest Rooms no 32 inclusive of 2 suits)

11.   4^th floor – 178.00Sqft (Guest Rooms no 33 inclusive of 2 suits)

12.   5^th floor – 17800.00 Guest Rooms no 36 inclusive of 2 suits)

13.   6^th Floor – 9160Sqft (Club and Recreational Activities )7000 Sqft for open view parties space .

12. Terrace Floor – 800.00 Sqft (Lift Machines Room and stairs cases etc ,baclcony back 3717 .00 Sqft.

Total Covered Area – 1,51,5400 Sqft

Number of Lifts 2 nos Glass lift

Service – 1, Fire 1

Banquet Hall – 4000.00 Sqft +4000 Sqft

Pre-function area – 1160Sqft

Private Dining Room (A) 600.00 Sqft (B) 1100.00Sqft

Lounge Lobby – 3812.00 Sqft

Bar – 2300 Sqft

Coffee Shop – 1500 Sqft

Main Restaurant – 1814.00 Sqft

Chinese Restaurant 1814.00 Sqft

Health Club, Beauty parlor ,Barber Shop 1400 Sqft

Main Kitchen – 2100 Sqft

Chinese Kitchen – 400.00 Sqft

Lease Amount to be paid to Chandigarh administration – Rs 2.8 Lacs per year.

Owner Ship of The property – Company owned with # 3 Nos, One Chairman, two managing Directors.

Share holding of the company 60, 40 percent market

Bank loan 60 crore, availed 50 Crores and used   ,28 cr again taken out of which 4 crore used.

Present status of the hotel – All lifts, fire fighting equipment, broilers and most of the spade work on final stage.

Payments Terms –

1.    Minimum bank draft of 10 to 20 crores at the time of negotiations.

2.    4 months time for total company take over’s under Register of company acts.

All the price and negotiation shall be subject to owners consent.