Businesses For Sale in SingaporeSingapore

Listing ID: 4201
Total Viewed: 3909
Last Refreshed: 04/10/2018

Premium Location - Freehold Hotel For Sale

Serangoon, Singapore

Asking Price : S$80,000,000

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 1990

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
Owner Retires
Business Description

Rare Opportunity to buy a

Freehold Hotel in a Prime Location.

The Proposed Freehold Hotel is steps away from Farrer Park MRT Station, Mustafa Centre and City Square Mall.

The  hotel is located on Serangoon Road in Little India, Singapore. 

The price for the eight-storey, 90 room freehold hotel is S$80 million.

The Hotel is on 4,838 sq ft of land and has a built-up area of about 30,591 sq ft. 

The site is zoned for hotel use with a 3.0 plot ratio (ratio of gross floor area to land area) under the Urban Redevelopment Authority's Master Plan 2014.


The Hotel has a superior location in addition to a better land tenure of FREEHOLD rarely found in Singapore these days.


Do not Miss the Rarest of Rare opportunity.




Business Operations
Business Hour:
24/7
Preferred Skills:
Hotel Industry
Property Information
Premise Status:
Own
Premise Size:
30591sqft
Lease Term:
FREEHOLD
Premises Detai:
A 8 Storey Hotel with a Basement Level and a Shoplet on the Ground Floor. 90 Guest Rooms which consists of Single, double, triple/twin an family type guest rooms. Occupancy rate is approximately 75% .

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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