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Hotel In Negombo For Sale

Negombo, Sri Lanka
Asking Price:
$842,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$148,000 (USD)
Cash Flow:
$170,000 (USD)

Luxury apartment hotel recently build on a 53 perch of land in the quiet environment of Palangathure East..
Hotel Building is 4 years old
Hotel(3-star) is family mined and mostly booked by families.
Hotel is current well running on different markets.
Walking distance to the coastline and major hotels like Jetwing Blue .
Property is completely surrounded with a parapet wall of 3m high secured with a high definition camera system.
The property has 4 blocks, each 4 apartments. Max. occupancy is 64 persons.
Outdoor pool ( child friendly)
Restaurant in-and outdoor.Coffee corner , Spacious car park.
Public toilets , outdoor swim pool showers.
Office ,Staff & drivers accomodation for 4-5 persons
Land can be extend up to 110 perches.
Many possibilities to expand .

Property Information

Real Estate:

Real Property Included

Location:

Negombo

Size in square feet:
+15000 sqft
Planning Consent:

Clear deeds, land use for commercial and residents purpose

Business Operation

Expansion Potential:

Nearby lands are available for sale , so you can expend the business and double the rooms. Big demand for 3-bedroom appartments with a small private pool

Reasons for selling:

Returning to home country ( Bellgium )

Trading hours:

24/7

Employees:
5
Years established:
2014

Other Information

Support & training:

Support can be provided for one month
Hotel is in state of operation

Financing available:

Bank loan can be applied

Furniture / Fixtures value:
$245,000 (USD) - included in the asking price
Inventory / Stock value:
$25,000 (USD) - included in the asking price

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