Four Star Hotel In Tbilisi For Sale

Business description

The Hotel opened its doors to the public for the first time on the 20th August 1999. Last repaired in 2007.

Hotel containing 42 rooms and 9 suites, including a presidential apartment, with new restaurant, bar and a terrace bar, heated swimming pool, fitness centre and sauna, banqueting and conference halls, business centre. All this makes it one of the most desirable hotels in Tbilisi.
The Palace distinguishes itself as a luxurious and family orientated hotel. Its interior contains elements of classic baroque, selected from the extravagant Louis XVI interior harmonized with modern technological solutions and comfort.

The Palace cooperates with various NGOs, international and governmental organizations, and hosts many tourists and businessmen.
The Hotel hosted the Pope’s delegation and the Patriarch of the USA and Canada during their official visit to Georgia. The ambassadors of Sweden, India and Israel have stayed in our hotel several times. The world famous pop group Modjo and the legendary rock ensemble Ureah Heep also enjoyed the luxury and hospitality of the Hotel.



RESTAURANT

Both traditional Georgian and western dishes are served in the elegant Restaurant, located next to the lobby. Guest can sample cuisine with freshly grown produce brought in daily from the local markets.

Our Restaurant is one of the famous restaurants of Tbilisi. It is perfect choice for romantic dinners, weddings and welcomes non-staying guests as well.

Open daily from 8am to 11pm

RESTAURANT & BARS

The Palace Bar is intimate yet not overcrowded. Relax and enjoy one of the best selection of cocktails in the city.

The Palace Bar is the meeting place of the Tbilisi elite where guests enjoy an exquisite “brasserie” cuisine within elegant surroundings, with its gentle harp music and velvet sofas. It serves light meals as well as delicious tea and chocolate throughout the day.

Open daily from 12 noon to 1pm


THE PALACE TERRACE BAR
The Vere Palace Terrace Bar is located on the roof of the hotel, with beautiful city view.

Open daily from 10a.m. to 11p.m.



ROOMS & SUITES

The hotel consists of 42 luxury and comfortable guest rooms, 9 suites and 2 apartments.
All the rooms and the suites have king, queen or twin beds and most rooms offer a connecting room.
Refinement and Comfort
• Decorated in Louis XVI and Regency
Style
• Connecting rooms and suites
• Smoking and non-smoking rooms
• Double glazed windows that open
• Individual air conditioning and heating
system adjustable by remote control
• Mini-bar with the possibility of different
references
• Room service, house-keeping service
and 24 hour security staff
• Plasma screens and satellite TV
channels
• DVD players
• High speed internet access - wireless
in all rooms
• IDD telephones
• Safe box in all rooms
• Hypo-allergenic linens
• In the Bathrooms: separate bath and
shower, marble sink, bathrobes and
sleepers, hair dryer, magnifying
mirror, scales, body treatments.
Luxury, comfort, technology, security and of course the legendary hotel warm welcome is synonymous with a wonderful stay in capital of Georgia.
SWIMMING POOL
Heated swimming pool located on the 8 - th floor of the hotel with the great view over the city. Sauna and Massage facilities are designed to revive body and mind. The hairdressing salon is popular for styling, cutting and coloring.

Property information

Real Estate:

Real Property Included

Premises details:

In the center of the capital-city in the prestigious business area.

Size in square feet:

5000 sq/m

Planning consent:

Please, contact with us.

Business Operation

Expansion potential:

Yes, it is. Please, contact with us.

Competition / Market:

Please, contact with us.

Reasons for selling:

Not applicable.

Trading hours:

24 hours

Years established:

1999

Other information

Support & training:

Please, contact with us.

Financing available:

Only private. Please, contact with us.

Furniture / Fixtures value:

$3,000,000 (included in the asking price)