New Bassac Lane Hotel and Bar for Sale and Rent
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  • New Bassac Lane Hotel and Bar for Sale and Rent
For Sale and Rent

New Bassac Lane Hotel and Bar for Sale and Rent

Listing Number:

  • 855-01-01-010

Asking Price:

  • USD 50,000

Accommodation Guest House / Rooms for Rent
Cambodia Phnom Penh Municipality Chamkar Mon

Business Details

Current Staff:

  • 5 Full-Time Salaried
  • 700 Part-Time Salaried

Accommodation Capacity:

  • 25

Average Occupancy:

  • 61 - 70%

Average Monthly Electricity:

  • USD 350

Average Monthly Water:

  • USD 20

Property Details

Tenure:

  • Business Sale and Rent (Leasehold Premises). 5 years with option to renew (Rolling Lease). Next renewal will be on 31 March 2023

Rent:

  • USD 1,200 per month. Payable monthly in advance

Security Deposit:

  • USD 6,000.

Connected Utilities:

  • Power
  • Water
  • Internet

Stock:

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

Internet:

  • Connected at the cost of USD 30 per month. Wifi Enabled.

Price Negotiable:

  • Yes, near offers will be considered

Agent's Comments

This excellent hotel and bar was fully renovated late 2018 and already has a great clientele base. This is a perfect opportunity to take this business to the next level and make it your own. Located in Phnom Penh and within 1.5 km of Diamond Island Convention and Exhibition Center, this hotel/bar features a shared lounge, non-smoking rooms and free WiFi. The property is around 2.7 km from Riverfront Park, 3.5 km from Vattanac Capital and 13 km from Killing Fields - Choeung Ek. The accommodation provides an ATM and luggage storage space for guests. Popular points of interest near the hotel include Chaktomouk Hall, Royal Palace Phnom Penh and the Aeon Mall. The nearest airport is Phnom Penh International Airport, 13 km from the hotel. Chamkar Mon is a great choice for travelers interested in restaurants, food and the rich Cambodian culture.