Property Detail
Property Summary
21 Cents Commercial Property for Sale in Munnar with Operating License – Suitable for resort/Mansion/Holiday Home/ Guesthouse/Private Villa. Introducing a Medium Luxury Holiday Resort with a unique blend of comfort and elegance. This exquisite property in Munnar is located just 15 kilometers away from the renowned hill station of Munnar in Kerala, offering a tranquil escape amidst breathtaking natural beauty. Boasting 9 spacious family bedrooms, this resort provides a bed and breakfast experience on a short-term contract, ensuring guests enjoy a delightful stay with exceptional service and minimum quality standards. Step inside this well-designed G+1 floor building constructed with sturdy concrete and modern interiors. The resort features a total of 9 rentable rooms and 10 bathrooms, providing ample space and convenience for guests. With a spacious lounge and hall, guests can unwind and socialize in style. The property also offers parking facilities for up to 8 vehicles, ensuring hassle-free arrivals and departures. One of the highlights of this holiday resort is its in-house restaurant, capable of accommodating 30 guests at a time. Delight in delectable cuisines available round the clock, making dining a memorable experience for every guest. Additionally, the resort includes a well-equipped kitchen and a store room, catering to the needs of both guests and staff. Practicality meets luxury at this holiday resort, as it features a 3-phase electricity connection and groundwater well on-site, ensuring uninterrupted services and a reliable water supply. Situated beside the Munnar-Kochi Highway (NH 49), accessibility is effortless, making it an ideal destination for business people, tourists, travelers, holidaymakers, and families seeking a memorable vacation.
Nearby Places
- Tourist Spot
Additional Information
PROPERTY DESCRIPTION:
- Medium luxury Holiday Resort with 9 family bedrooms
- Offers bed and breakfast on a short-term contract with minimum quality standards
- In-house restaurant facility with a capacity of 30 seats
- Building: G+1 floor with modern interiors and concrete structure
- Number of Rentable Rooms: 9
- Number of Bathrooms: 10
- Facility for service staff
- Lounge and Hall: 2
- Parking facility: 8 vehicles
- Dining Facility: 30 Seats
- Kitchen: 1
- Store Room: 1
- Electricity: 3-Phase Connection
- Water Source: Ground Water Well on Site
- Access to Roads: Property situated beside the Munnar-Kochi Highway (NH 49)
- Preset condition: Fully renovated and in good condition
- License to operate: Active and current (existing licenses only)
STRENGTHS:
- Legal Title: Clear Title with back documents from 1935
- Location: 15 Km near Munnar, a prominent hill station in Kerala
- Water Source: Abundant supply of pure groundwater on site
- Easy Access: Beside Munnar-Kochi Highway (NH 49)
- Type of Clients: Business people, Tourist, Travelers, Holidaymaker, Family
- Rating Standard: Medium luxury
- Food Availability: In-house restaurant 24/7
- WEAKNESSES:
- Capacity Utilization during the off-season
- Trained Staff
- Marketing Initiatives
- The ratio of Walk-in Customers to Pre-booked Guests
OPPORTUNITIES:
- Prominent Hill Station in Kerala
- Shortage of decent rooms in the area
- Shortage of decent restaurants in the area
- opportunity for expansion
CHALLENGES:
- Marketing new corporate clients
- Online Marketing
- Brand Building
- Tie up with new travel agencies
- Maintaining Quality Standards
The resort's strengths lie in its impeccable legal title of 21 Cents, with clear documentation dating back to 1935, providing peace of mind to prospective buyers. Its strategic location near Munnar offers a prime advantage, attracting visitors who desire a captivating hill station experience. Moreover, the property boasts an abundant supply of pure groundwater, ensuring a refreshing and sustainable resource. The easy access to the highway provides convenience and enhances the resort's appeal to a wider audience. With a rating standard of medium luxury, guests can expect a comfortable and indulgent stay. The in-house restaurant serves as a distinct advantage, guaranteeing a seamless dining experience for guests around the clock.
As with any property, there are some weaknesses to consider. During off-seasons, capacity utilization may pose a challenge. However, with the shortage of decent rooms and restaurants in the area, there is a tremendous opportunity to tap into this demand. To fully maximize this potential, marketing initiatives and trained staff are vital to attract new guests and maintain high service standards. It is also important to focus on improving the ratio of walk-in customers to pre-booked guests, thereby optimizing revenue.
With great opportunities awaiting, this resort benefits from its proximity to the prominent hill station of Munnar. The scarcity of quality accommodations in the area presents a chance to capitalize on the growing market. Additionally, the shortage of decent restaurants further strengthens the resort's potential to cater to guests seeking exceptional dining experiences. Moreover, no new licenses issued by the authorities for commercial ventures within this ecologically sensitive area and hence the existing license holder has a valuable opportunity for leisure business.
While challenges may arise, including marketing to new corporate clients, online marketing, brand building, and establishing partnerships with travel agencies, overcoming these obstacles will pave the way for increased visibility and growth. Maintaining quality standards is crucial to building a reputation and ensuring guest satisfaction.
