47-Room Hotel and Restaurant in Street 172 Phnom Penh
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  • 47-Room Hotel and Restaurant in Street 172 Phnom Penh
For Sale and Rent

47-Room Hotel and Restaurant in Street 172 Phnom Penh

Listing Number:

  • 855-01-02-004

Asking Price:

  • USD 300,000

Accommodation Hotel
Cambodia Phnom Penh Municipality Doun Penh

Business Details

Company:

  • Yes

Current Staff:

  • 13 Full-Time Salaried

Licenses:

The following licenses are included:
  • Hotel

Accommodation Capacity:

  • 60

Number of Guest Rooms:

  • 44

Average Occupancy:

  • 61 - 70%

Average Monthly Electricity:

  • USD 2,000

Average Monthly Water:

  • USD 200

Property Details

Tenure:

  • Business Sale and Rent (Leasehold Premises). 12 Years and 8 Years.

Rent:

  • USD 8,700 per month. Payable monthly in advance

Security Deposit:

  • USD 75,000.

Connected Utilities:

  • Power
  • Water
  • Internet
  • Satellite

Stock:

  • Stock at the time of settlement is Included in the asking price

TV:

  • 44 Screen/s. USD 300 per month

Internet:

  • Connected at the cost of USD 500 per month. Wifi Enabled.

Price Negotiable:

  • Yes, near offers will be considered

Agent's Comments

Located in the heart of the tourism area of Phnom Penh with easy access to the riverside, museums, the Royal Palace, etc. The property was renovated and became operational in June 2016 and has since been successfully and profitably run. It has parts to it, the main part is the hotel with 47 guest rooms over ground and three upper floors, adjacent is the restaurant area with 56 seats with rooms above, combined offering approximately 765m2. The hotel has a 15 year lease with around 12 years remaining, the restaurant has a 12 year lease with about 8 years remaining. The business sale includes all the furnishings and equipment, business licenses, face book page and accounts with Expedia, Booking.com and Agoda, including 13 staff.

The asking price includes the security deposit. If you are looking for a profitable medium size hotel in the heart of the tourism area, then book a viewing today!