Palm Garden Hotel, 22 rooms, Worthing. Exclusive*

  • USD$2,100,000
Featured For Sale
Christ Church, Barbados

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Description

Many tourists frequent Barbados and we have an amazing opportunity on this island for a smart Hotelier or Investor.​
We have just listed Palm Garden Hotel, a 22 room hotel ideally located in Worthing, Christ Church, Barbados just across the street from beautiful beaches.​  (4 additional rooms available: See below)
  • ​2.1M USD is for the Main 22 room Hotel & Restaurant Property only
    ​There is another property with a Smaller building next lot available for USD $900K. It has commercial space  for retail on one side and 4 hotel rooms on the other side.
  • *Both properties are owned by same owner and the smaller building can be included in the sale as a package deal, Asking USD $3Million or closest offer.
The Hotel is about 10 minutes drive from the International Airport within the tourism belt.​
This hotel features all self contained apartments with kitchens ranging from studios to superior apartments sleeping 4 persons.​ This is a budget and quarantine hotel which been doing well despite COVID.​
  • ​This fully turnkey Hotel operates daily and is in good condition.​
  • ​There is also room for development on the Lot.​
  • ​It recently boasts high occupancy levels since 2020(Quarantine hotel) and projections look healthy for 2022.​
This property has a large swimming pool which is located next to the on site restaurant.​ The hotel is on the bus route and is within close proximity to Banks, supermarkets, duty-free retail and other amenities.​ Restaurants, Bars and Nightlife are also in walking distance.​ The property offers parking, telephone system, cable TV, Laundry, WiFi and other complimentary services to guarantee customers have an exceptional stay.​

Investors will be purchasing a fully turnkey business with Operating company, Registered Hotel, Duty Free Concessions, future bookings. Ready for a smooth transition to the new owner.

NDA and Financials available upon request. Investors are welcome to contact us.

This is an *exclusive offer” listed with NVEST Estates.

Listing Agent: Richie Quintyne +1 786 798 0531

International customers call:
Miami/USA: +1 305 600 1778
United Kingdom: +44 20 7097 5333

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Details

  • Property ID: 9527
  • Price: USD$2,100,000
  • Property Size: 43560 Sq Ft
  • Land Area: 1 acre
  • Bedrooms: 26
  • Bathrooms: 28
  • Property Status: For Sale
  • Address Christ Church
  • City Bridgetown, Barbados
  • State/county Barbados, Christ Church

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Richie Quintyne
  • Richie Quintyne