"15 Rooms Tourist Hotel for Sale – Panadura
Selling Price: Rs. 230,000,000 (Rupees Two Hundred and Thirty Million) – Negotiable
Land Extent: 75 Perches (Freehold)
Building Area: Approx. 13,750 Sq.ft. (with rooftop)
Property Description:
Ground Floor: Banquet Hall, Kitchen, Laundry, Staff Rest Room, Common Gents/Ladies Wash Rooms, Gas Cylinder Store, Kitchen Store, Security Hut – Approx. 4,750 SF
1st Floor: 15 Bedrooms (attached bathrooms), Linen Store, Bridal Dressing Room, Lobby & Sitting Area – Approx. 4,500 SF
2nd Floor: Terrace, Bar Counter, Common Wash Rooms, Restaurant & Kitchen (half-way completed) – Approx. 4,500 SF
Rooms:
15 Rooms with attached bathrooms (3 room types, king-sized beds, 7""–8"" spring mattresses)
2 additional rooms without attached bathrooms (Linen room & Bridal Dressing room)
Amenities:
Air conditioning, fully furnished bedrooms
Attached bathroom with hot & cold water
32"" LED TV with PEO TV connection
Wi-Fi in all rooms, lobbies & banquet hall
Inter-com facility (PABX) with operator-assisted telephones
Private balconies
A/C Banquet Hall – 200 guest seating capacity
16 CCTV cameras in operation
All furniture, fittings, electrical/electronic items, air conditioners, kitchen equipment, cutlery & cookery included
Location Highlights:
Just 30m from the beach
Tourist Board approved (construction approval in place)
Investment Highlights:
Start your investment with only Rs. 100 Million
Bank financing assistance available for eligible buyers (approx. Rs. 130 Million, subject to bank approval)
Estimated monthly loan repayment: approx. Rs. 1.7 Million
Multiple income streams: Room Accommodation, Banquet Functions, Outdoor Catering
Potential monthly revenue: Rs. 8M–12M (historical data), higher during peak season
Expansion potential: Rooftop Restaurant & Bar (partially completed), space for ~10 more guest rooms (subject to approvals)
Ideal For: Hotel Investors, Hospitality Groups, Boutique Resort Developers, Wellness Retreats
