Well-Established Watering Hole for Sale and Rent in Bangkok
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  • Well-Established Watering Hole for Sale and Rent in Bangkok
For Sale and Rent

Well-Established Watering Hole for Sale and Rent in Bangkok

Listing Number:

  • 066-01-49-051

Asking Price:

  • ฿ 11,500,000

Entertainment Bar / Pub
Thailand Bangkok Watthana

Business Details

Company:

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

Current Staff:

  • 10 Full-Time Salaried

Licenses:

The following licenses are included:
  • Alcohol
  • Food
  • Tobacco
  • Music

Seating Capacity:
Approximately 90 at:

  • Bar Counter
  • Standard Tables
  • People Watching Counter
  • Al Fresco (Street/Terrace)

Average Monthly Electricity:

  • ฿ 30,000

Average Monthly Water:

  • ฿ 1,500

Property Details

Tenure:

  • Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease). Next renewal will be on 1 March 2023

Rent:

  • ฿ 190,000 per month. Payable monthly in advance

Security Deposit:

  • ฿ 760,000.

Connected Utilities:

  • Power
  • Water
  • Internet
  • Satellite

Stock:

  • Stock may be valued at Cost Price at the time of settlement and transferred to the new owner at Cost Price, if required

TV:

  • 4 Screen/s. ฿ 3,000 per month

Internet:

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

Price Negotiable:

  • Yes, near offers will be considered

Agent's Comments

This exclusively listed Bar and Restaurant has being on the Bangkok pub scene for well over a decade. It is a well-known meeting point for expats and Thais alike serving a great selection of draft beers, spirits and has an Impressive food menu. This building has the bar on the ground level with additional seating on the second level. The kitchen is on the third level, the upper levels have been partially converted and could be used for staff accommodation and owners apartment. This business comes with a 4 million THB registered company with all the licenses under the company name. The advertisement and information pertaining to it are purposely brief as the owner requires a signed Non-Disclosure Agreement before any more information can be released or an inspection conducted.