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1202007 Pattaya Beach Road 18-Room Guest House for Sale

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Pattaya Beach Road 18-Room Guest House for Sale
Listing No. 066-12-02-007

• Business: Guesthouse
• Location: Soi Beach Road, Pattaya, Thailand
• Features: Location Location Location! This beach Road guest house has 18 en-suite guest rooms. It is located only 1 minutes’ walk to Pattaya Beach and 5 minutes’ walk to the iconic Walking Street. The owner recently refurbished the guesthouse and it’s 100% clear of water leakage problems plus a new fire exit has been installed from all levels. There is no elevator, but no need also as the staircase is quite large. Apart from the perfect location, this guesthouse also has a large street exposure and the current owner uses this ground level space for a few other types of businesses. The large frontage on the ground level is a major asset that could be turned into many other revenue making sideline businesses. Alternatively, it could just be used to make an opulent guest house lobby.
The guesthouse has total of 18 rooms – 9 large rooms and 9 small rooms (there are 3 balcony rooms on the 4th floor). The owner has just recently refurbished the rooftop and replaced the water tanks, washing machines and this area is currently used as a laundry.
The rent is cheap given its great beachfront location and all furniture and equipment are in near new condition. No money has been spared on the renovation. There is even an ATM machine at the front of the building which produces a small income as well.
With refurbishment completed, loads of potential, a long lease and a prime location, a buyer can invest in this business with confidence.
As an option to buying this business, it may be made available for sub-lease (rental only). Please ask us for more details.
• Tenure: Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease)
• Asking Price: THB 9,000,000
• More Information: Please contact us for more information (we require your name, phone number and e-mail address)

Video courtesy of Escrow.com

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Listing ID: 9695d47ba28e90b2

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