58-Bed Hostel with Rooftop Bar near Royal Palace Phnom Penh
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  • 58-Bed Hostel with Rooftop Bar near Royal Palace Phnom Penh
For Sale and Rent

58-Bed Hostel with Rooftop Bar near Royal Palace Phnom Penh

Listing Number:

  • 855-01-02-058

Asking Price:

  • USD 120,000

Accommodation Bed & Breakfast / Hostel
Cambodia Phnom Penh Municipality Doun Penh

Business Details

Company:

  • Yes

Current Staff:

  • 12 Full-Time Salaried

Licenses:

The following licenses are included:
  • Food
  • Alcohol
  • Tobacco
  • Rooms for Rent

Accommodation Capacity:

  • 72

Number of Guest Rooms:

  • 14

Average Occupancy:

  • 71 - 80%

Average Monthly Electricity:

  • USD 1,400

Average Monthly Water:

  • USD 200

Property Details

Tenure:

  • Business Sale and Rent (Leasehold Premises). 10 years with option to renew (Rolling Lease).

Rent:

  • USD 2,500 per month. Payable monthly in advance

Security Deposit:

  • USD 31,000.

Connected Utilities:

  • Power
  • 3 Phase Power
  • Water
  • Internet
  • Satellite

Stock:

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

Internet:

  • Connected at the cost of USD 45 per month. Wifi Enabled.

Price Negotiable:

  • Yes, near offers will be considered

Agent's Comments

Located just behind the Royal Palace this 58 bed hostel and rooftop bar business is available for sale. The hostel consists of 14 rooms with each room having its own separate theme to it. There are 44 single beds and 14 double beds, sleeping 72 people. Within the building there are chill-out areas with comfy sofas and the rooftop bar has 10 tables and seating for 60 people, a stage area for music, a bar and toilets. The hostel has been in operation since June 2015 with a lease term until 2029.