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1202024 Newly Renovated Restaurant and Bar in Soi Bua Khao – No Key Money

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Newly Renovated Restaurant and Bar in Soi Bua Khao – No Key Money
Listing No. 066-12-02-024

• Business: Restaurant
• Location: Soi Bua Khao, Pattaya, Thailand
• Features: This single shop-house with 4 levels and is trapezoid shaped with the frontage being about 4m wide and with about an 8m exposure at the rear of the building. The current concept is an Indian-Thai cuisine buffet and they serve 24/7. It has been a very successful venture for the current owner who only refurbished it in May 2018, but is finding it too small for his needs and is now looking for something bigger! It has an indoor air-conditioned room and an outdoor terrace area where they host live musicians. The owner has divided the 2nd floor into 5 small rooms for staff with a large air-conditioned room and 2 toilets and 1 shower room. The 3rd and 4th levels are similarly configured with a large room with toilet and kitchen area. These two floors/rooms could be used as owners’ quarters if required.
The restaurant is in a perfect location on Soi Bua Khao where there are many bars, restaurants and other retail shops nearby. The current owner has an arrangement to use the land at the rear of the building for customer car parking and it can park about 20 cars. Only opened in June 2018, the owner states that the income is about THB 10,000 per day and is willing to show financial records to potential buyers after an inspection. Location is great, rent is reasonable and there is no Key Money!
• Tenure: Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease)
• Asking Price: THB 1,800,000
• 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: 9315d032fc2cb6e5

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