Location: Kuah Town, twenty-five (25) minutes from Langkawi International Airport and five (5) minutes from main Ferry Terminal. There are three (3) parks and one (1) beach directly in front of The Demised, namely. CHOGM Garden, fifty (50) acres LEGENDA Beach & Park with its long stretch of white, sandy beach, EAGLE SQUARE and of course the limitless horizon of the sea and island in front.
Building Size: 8,000 sq ft per floor x 8 storey = 64,000 sq ft
Land Size: 23,800 sq ft
Number of Rooms: 100 spacious rooms and suites measuring about 230 - 330 sq.ft per room. The rooms’ attached private bathroom and located at 3rd to 8th floor
Facilities: Lift, parking, restaurant, pool, meeting room and conference hall Current Use: Operating Hotel
Available From: Anytime
1. Property Overview - Fully furnished hotel building with 100 rooms - Located in prime Kuah Town area with easy access to ferry terminal and amenities - Licensed and compliant with local tourism regulations
2. Lease Terms - Lease Duration: 5 years with option to renew - Rental Rate: RM45,000.00 per month - Utilities deposit: RM60,000.00 - Security Deposit: RM135,000.00 - Renovation Deposit: Actual value of the original items. - Land title: Commercial / Hotel - Maintenance: Lessee responsible - Utilities: Lessee pays all utilities
3. Benefits to Lessee - Ready-to-operate hotel with existing infrastructure - Prime location attracting both tourists and business travelers - Opportunity to leverage Langkawi’s growing tourism industry