Guesthouse and Restaurant in Busy 2nd Road’s Soi, Pattaya
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  • Guesthouse and Restaurant in Busy 2nd Road’s Soi, Pattaya
For Rent

Guesthouse and Restaurant in Busy 2nd Road’s Soi, Pattaya

Listing Number:

  • 066-12-02-157

Accommodation Bed & Breakfast / Hostel
Thailand Chonburi (Pattaya) Pattaya City Pattaya

Accommodation Capacity:

  • 38

Number of Guest Rooms:

  • 11

About Rooms:

  • Description: Dormitory Room
  • Quantity: 1
  • Room Type: 18 Beds
  • Description: En-suite Room
  • Quantity: 10
  • Room Type: Room with bathroom

Property Details

Tenure:

  • Property Rental (Sub-Leasehold Premises). 3 years with option to renew (Rolling Lease).

Rent:

  • ฿ 65,000 per month. Payable monthly in advance

Key Money:

  • ฿ 500,000, due upon commencement of lease. Frequency of Payment: Paid once only

Security Deposit:

  • ฿ 195,000.

Connected Utilities:

  • Power
  • Water
  • Internet

Rental Encumbrances:

  • Some of the property is leased or sub-leased

Other Encumbrances:

  • Massage shop has been sub-leased for THB 25,000 a month and 7 Rooms upstairs have been rented THB 3,500 to THB 4,000 a month

Agent's Comments

This triple shop-house offers for sub-lease with 2 parts. First part is a double-front massage shop (ground level only) and 7 en-suite rooms (monthly rent between THB 3,500 to THB 4,000) upstairs with external access- this part has been sub-leased already with monthly income around THB 50,000 a month. Second part has never been operated and the owner has just recently refurbished in March 2020. The 10-room guest house, 18 bed-hostel and a restaurant. The rooms, located on the upper floors have external access and the 10 rooms are en-suite and dormitory style rooms with shared bathrooms. All rooms are air-conditioned, the en-suite rooms have large glass-front window. Key money is to be paid only one off payment only. This business is completed and ready for a new owner to make money from day one.