Great Location Hotel and GoGo Bar on Walking Street
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  • Great Location Hotel and GoGo Bar on Walking Street
For Sale and Rent

Great Location Hotel and GoGo Bar on Walking Street

Listing Number:

  • 066-12-05-084

Asking Price:

  • ฿ 4,500,000

Accommodation Guest House / Rooms for Rent
Thailand Chonburi (Pattaya) Bang Lamung Pattaya

Business Details

Current Staff:

  • 20 Full-Time Salaried

Licenses:

The following licenses are included:
  • Alcohol
  • Entertainment
  • Music
  • Rooms for Rent

Accommodation Capacity:

  • 26

Number of Guest Rooms:

  • 13

Average Monthly Electricity:

  • ฿ 20,000

Average Monthly Water:

  • ฿ 3,000

Property Details

Tenure:

  • Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease).

Rent:

  • ฿ 130,000 per month. Payable monthly in advance

Key Money:

  • ฿ 300,000, due upon commencement of lease. Frequency of Payment: Paid annually in advance

Security Deposit:

  • ฿ 390,000.

Connected Utilities:

  • Power
  • Water
  • Internet

Stock:

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

TV:

  • 2 Screen/s.

Internet:

  • Connected at the cost of ฿ 3,000 per month. Wifi Enabled.

Security:

  • ฿ 15,000 per month

Price Negotiable:

  • Yes, near offers will be considered

Agent's Comments

Location! Location! Sited in the middle of Walking Street, the famous night life district in Pattaya city, this business is ready for a new owner. On offer are 13 rooms for rent and a gogo bar! About 50 meters from the main Walking street entrance, the gogo is on the second level and seats 60 people. On the third level there are 13 rooms (1 jaccuzi suite) which are nearly always fully booked. All rooms have refrigerators, new air conditioners, flat screen TV's, king sized beds, fully stocked mini bars. The reception area is fully computerized with a security door to enter the hotel. There are 2 complete sets of linen and towels for each room. This place is a rare WIWO deal. Profitable and priced sensibly, will you be the next owner? Inspection is a must.