Otres Village Music Venue and Guest House for Sale
- home
- Otres Village Music Venue and Guest House for Sale
For Sale and Rent
Otres Village Music Venue and Guest House for Sale
Listing Number:
- 855-16-01-008
Asking Price:
- USD 115,000
Cambodia Preah Sihanouk Province Krong Preah Sihanouk
Business Details
Current Staff:
- 6 Full-Time Salaried
Number of Guest Rooms:
- 12
Average Monthly Electricity:
- USD 230
Average Monthly Water:
- USD 20
Property Details
Tenure:
- Business Sale and Rent (Leasehold Premises). 10 years with option to renew (Rolling Lease).
Rent:
- USD 300 per month. Payable monthly in advance
Security Deposit:
- USD 7,800.
Land Size:
- 910m2
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 45 per month. Wifi Enabled.
Price Negotiable:
- Yes, near offers will be considered
Agent's Comments
This guesthouse and live music venue is one of Otres Village's most well-known and favorite locations. Located right at the beginning of Souks Boulevard, it is in a prime position for maximum footfall in the area. The property consists of a massive bar, a fully equipped live music stage, 12 bedrooms and bungalows and 2 exterior buildings. One of the buildings acts as a shop and raised dorm, the other houses an independent, but shared venture restaurant that supplies food for the guesthouse, bar, venue and local residents (the restaurant currently covers the rent for the entire property and is paid monthly to the proprietors).
The gardens are landscaped and very well looked after. The bungalows sit on paths of beautiful plants and all come with their own balcony areas. At night the venue bustles with restaurant goers, guests and locals alike, who come for the food, music or just for the amazing atmosphere.
With over 11 years left on the lease this place is a real money maker in the right hands.
