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Property Features
FOR SALE
A large property with main residential house, and 18 room hotel business is FOR SALE, located on Tamabil Road NH44, Shahporan, Sylhet, Bangladesh. (Directly opposite Shahporan Upozila Complex)
Description of the property:
An area of 12 decimals of land facing the main highway with a variety of business potential. Main house constructed on top of 8 decimals of land, with further 4 decimals land currently being used for caretaker's accomodation and car parking. Property currently owned by family in UK, selling due to ill-health of owner.
Main building consists of 10,000 square ft constructed, complete and furnished/fitted across 3 floors. Foundations are laid and there is permission to build an additional 2 floors above. There is potential to create up to a total 15,000 square ft across 5 storeys.
4,500 square ft of the main building is currently used as a residential hotel consisting of 18 rooms, reception and facilities, with a capacity of around 40-50 guests
The remaining 5,500 square foot of the main building consists of 5 residential flats which provide a steady rental income. There are also some temporarily built economic residential units on the plot which provide further rental income also.
The property is an on going concern and an operating business with an annual income of 25 lakh BDT (25,00,000 BDT)
The asking price for the entire property is 5 Crores BDT (50,000,000 BDT o.n.o).
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