Businesses For Sale in SingaporeSingapore

Listing ID: 12911
Total Viewed: 5713
Last Refreshed: 03/01/2019

Hotel In Business District Area For Sale

Central Area

Asking Price : SGD260,000,000

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: Not Disclosed

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason To Sell
Other comment
Business Description

💽 Walking distance to Raffles/Telok Ayer/Shenton Way MRT stations 

💽 In the middle of financial Centre & a stone throw away Lau Pa Sat Festival Market


💽 5 - star

💽 Renovated to an extremely high standard (unique fine & modern art objects, blending a combination of French & Asian styles 

💽 Built in 1927

💽 Rooms :

👉🏼 134 rooms including 9 suites

👉🏼 All equipped with cutting-edge technology & designed to creative an elegant, rich ambience unlike any bedroom in Singapore 

💽 Leasehold, remaining about 57 years (total lease at the beginning was 60 years)


💽 Facilities :

👉🏼 1 lounge 

👉🏼 1 restaurant 

👉🏼 1 bar

👉🏼 1 gym

👉🏼 Rooftop pool bar

👉🏼 Private meeting rooms with VIP event rooms

💽 Average daily room rate about $302 ++

💽 Occupancy rate 87.4%

💽$260M negotiable 

Pls contact/sms/what’s app :Peter Wan@ 91000070

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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