Industrial Style Guesthouse for Sale and Rent in China Town Bangkok
  • home
  • Industrial Style Guesthouse for Sale and Rent in China Town Bangkok
For Sale and Rent

Industrial Style Guesthouse for Sale and Rent in China Town Bangkok

Listing Number:

  • 066-01-34-043

Asking Price:

  • ฿ 1,600,000

Accommodation Bed & Breakfast / Hostel
Thailand Bangkok Phra Nakhon

Business Details

Company:

  • A 2 Million THB Limited Liability Company is included in this sale offer if required.

Current Staff:

  • 5 Full-Time Salaried

Accommodation Capacity:

  • 36

Number of Guest Rooms:

  • 9

Average Occupancy:

  • 51 - 60%

Average Monthly Electricity:

  • ฿ 35,000

Average Monthly Water:

  • ฿ 2,000

Property Details

Tenure:

  • Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease). Next renewal will be on 1 January 2022

Rent:

  • ฿ 92,000 per month. Payable monthly in advance

Connected Utilities:

  • Power
  • Water
  • Internet
  • Satellite

Rental Encumbrances:

  • Some of the property is leased or sub-leased

Other Encumbrances:

  • The ground level of the guesthouse/hostel is sub-leased for THB 50,000 a month and is operated as a restaurant

Stock:

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

TV:

  • 6 Screen/s.

Internet:

  • Connected at the cost of ฿ 300 per month. Wifi Enabled.

Security:

  • ฿ 6,000 per month

Price Negotiable:

  • Yes, near offers will be considered

Agent's Comments

This Guesthouse/Hostel is located in the heart of Bangkok China Town, only minutes' walk away from the main train station, some of Bangkok's best known attractions and near to a soon-to-be opened new MRT station. Also this property is in trust to Chulalongkorn Memorial Hospital, so the rent you pay goes to a good cause. The ground floor used to be a successful coffee shop, but the owner couldn't devote any time to it and closed it and then sub-leased the space which is now operated as a restaurant for THB 50,000 rent a month. The upper floors where the guesthouse is sited are accessed via an entry-card system. There are a wide range of room types from 8-bed dorms to family rooms with a double bed and bunk beds plus TV. There is also a mixture of en-suite and shared WC room as well, with plenty of shared facilities on each floor. On the 4th floor there is an open communal area and bar where the breakfasts are served in the mornings. This hostel comes with a 2 million baht registered company that the lease is under, so it is easy for a new owner to take over the business with very little hassle. The current owner is in the process of applying for a hostel license and will continue to help the new owner in the application process.