34-Bed Hostel in Bang Chak for Sale and Rent
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  • 34-Bed Hostel in Bang Chak for Sale and Rent
For Sale and Rent

34-Bed Hostel in Bang Chak for Sale and Rent

Listing Number:

  • 066-01-33-001

Asking Price:

  • ฿ 790,000

Accommodation Bed & Breakfast / Hostel
Thailand Bangkok Phra Khanong Bang Chak

Business Details

Accommodation Capacity:

  • 34

Number of Guest Rooms:

  • 4

About Rooms:

  • Description: 4 Triple Bunk Bed
  • Quantity: 2
  • Room Type: Dormitory
  • Low Price: ฿ 190
  • High Price: ฿ 250
  • Description: 2 Triple Bunk Bed
  • Quantity: 1
  • Room Type: Dormitory
  • Low Price: ฿ 250
  • High Price: ฿ 300
  • Description: Queen bed with 2 extra bed
  • Quantity: 1
  • Room Type: Family Room
  • Low Price: ฿ 540
  • High Price: ฿ 1,040

Average Occupancy:

  • 51 - 60%

Average Monthly Electricity:

  • ฿ 7,000

Average Monthly Water:

  • ฿ 500

Property Details

Tenure:

  • Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease). Next renewal will be on 31 August 2019

Rent:

  • ฿ 13,800 per month. Payable monthly in advance

Security Deposit:

  • ฿ 41,400.

Connected Utilities:

  • Power
  • Water
  • Internet

Stock:

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

Internet:

  • Connected at the cost of ฿ 1,000 per month. Wifi Enabled.

Security:

  • ฿ 0 per month

Price Negotiable:

  • Yes, near offers will be considered

Agent's Comments

Exclusively listed with Asian Business Brokers, the location of this combination guest house and hostel is great. Located only 10 minutes from the BTS Bang Chak, 10 minutes to Tesco Lotus and Big C On Nut, and 40 minutes to Suvarnabhumi Airport. There are fresh food markets, supermarket, community mall and department stores nearby.

There is free WiFi in the rooms and public area, and all rooms are non–smoking. The reception area and a small restaurant/cafe are located on the ground floor. This guest house/hostel has 4 floors with a capacity of 34 guests accommodated in 3 dormitory rooms and 1 private room. 2 dormitory rooms have a capacity for 12 guests each. The other dormitory accommodates 6 guests. The private family room is typically used for 2 adults and 2 children. All rooms are furnished and operational with the furniture and equipment being in good condition. Some of the equipment included are an up-right fridge, freezer, toaster, coffee machine, fryer, oven, microwave and washing machine.

The guest house opened in June 2016 and comes complete and operational – It is listed with all of the major online booking channels. Online reviews generally say that it is in a good location, clean and comfy. Rent is cheap and overheads are low. Coupled with the long term lease, a buyer can be guaranteed a stable income.

All necessary accounts will be transferred with the sale, and an after-purchase training period will be provided if required.