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Hotel Space For Sale
Location: Singapore -> Singapore
Industry: Real Estate > Other Real Estate




Business Summary

HOTEL FOR SALE
1. Tenure : Freehold
2. Location : Mustafa Vicinity
3. Type : 6 units of 2 1/2 Storey conservation shop house
4. Land area : Approximately 619 square meters.
5. Build-up area : Approximately 1,065 square meters.
6. No. of Room : 25 rooms on the upper level.
7. Potential : Potential to build more rooms on the ground level as well.
8. Key Advantage : As informed by URA, there will not be any more new new
lodging accommodation in this area.
This is definitely an added advantage to the potential new owner.
9. Current Yeid : Currently, there are four tenants at the ground level, yielding a total of approx $13.6k per month

SELLING THE PHYSICAL REAL ESTATE THAT IS SUITABLE FOR HOTEL USE

Interested parties, pls email or call +65 9228 0838

Lawrence Lim
Email or call +65 92280838


Financials

Asking Price Range:  $10.0M - $20.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2007
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned




Print Listing Id: 700132431
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