Hotel For Sale In Vile pa

Commercial Land 50000 Sq.Ft. in Vile Parle East Mumbai

Listing ID #7981888

*Hotel for Sale in Mumbai - Asking Price 190Cr* * Location:* - *Near Domestic Airport, Nehru Road, Off Western Express Highway, Vile Parle (East), Mumbai-400099* - Prime location with easy access to major transport hubs and commercial areas! *Key Highlights:* * Established Business* - Operating since *1992* and a trusted name in hospitality. * Ownership & Title* - Property owned by a *Private Ltd. Company*. - *Debt-free*, freehold property with no existing liabilities. * Plot Area & Built-Up Space* *Plot Area:* *1206 sq. mtr.* - *Built-Up Area: Approx. *50,000 .* - The hotel utilizes *only FSI* currently, with potential for further development. * Building Structure* - *Basement: * Features *4 banquet halls* with a combined capacity to host *400-550 persons* for large events and weddings. - *Ground Floor: * Reception area and a *restaurant with bar* for a delightful dining experience. - *Service Floor: * Houses administrative offices, plant room, and staff changing rooms. - *7 Upper Floors:* *70 guest rooms* (10 rooms per floor). - Floor plan and carpet area details attached for reference. * Parking & Compound* - *26 car parking spaces* with the possibility of expansion through *stack parking*. - A *small garden* at the front area adds to the property`s appeal. * Infrastructure & Amenities* - *3 Elevators (Lifts): * 2 for guests and 1 for service. - *Electric Supply: * Dual meters from *Tata* & *Reliance* for reliable power. - *Mobile Towers: * 3 self-sites installed on the terrace, currently generating rental income. *Investment Opportunity* - A well-established *debt-free* business with significant growth potential. - Prime location near the domestic airport, ideal for hospitality or commercial development. - *Ready-to-Operate* with ongoing revenue from banquet halls, restaurant, and mobile tower rent! *Asking Price:* non negotiable