Recently Refurbished Guesthouse and Restaurant on Soi Buakhao for Sale
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  • Recently Refurbished Guesthouse and Restaurant on Soi Buakhao for Sale
For Sale and Rent

Recently Refurbished Guesthouse and Restaurant on Soi Buakhao for Sale

Listing Number:

  • 066-12-02-052

Asking Price:

  • ฿ 1,000,000

Accommodation Guest House / Rooms for Rent
Thailand Chonburi (Pattaya) Pattaya City Soi Buakhao

Business Details

Company:

  • A 4 Million THB Limited Liability Company is included in this sale offer if required.

Current Staff:

  • 8 Full-Time Salaried

Licenses:

The following licenses are included:
  • Food
  • Alcohol
  • Hotel

Accommodation Capacity:

  • 16

Number of Guest Rooms:

  • 8

Average Monthly Electricity:

  • ฿ 10,000

Average Monthly Water:

  • ฿ 1,000

Property Details

Tenure:

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

Rent:

  • ฿ 60,000 per month. Payable monthly in advance

Key Money:

  • ฿ 300,000, due upon commencement of lease. Frequency of Payment: Paid upon each lease renewal

Security Deposit:

  • ฿ 100,000.

Connected Utilities:

  • Power
  • Water
  • Internet

Stock:

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

Internet:

  • Connected at the cost of ฿ 1,200 per month. Wifi Enabled.

Price Negotiable:

  • Yes, near offers will be considered

Agent's Comments

This guesthouse and restaurant is well located on the main road of Soi Bua Khao only 500 meters from South Pattaya Road. The area is busy as it is surrounded by hotels, guesthouses, restaurants, bars, and a local market making it very convenience for guests to explore. There is al-fresco seating out front for up to 24 people. Inside and on the ground level there is the bar counter with coffee machine, tap beer, a sound system set, double door chiller and 10 tables which seat 40 people. Up the back there is the kitchen with 4 stoves, kitchen hood, freezer, double door chiller and oven. Upstairs there are 8 guest rooms - 3 large furnished rooms with balconies and 5 smaller rooms. All rooms have their own electricity meter making them ideal for long-term tenants. Importantly it comes with an application for a hotel license which enable to operate room for rent daily. The business is fully staffed, the owner has just renovated all rooms in July 2019 so all the furniture and equipment are very new condition.