- Price 3,495,000 THB
- TypeBusiness for sale
- Sold No
- Contract Sale
- LocationCentral Pattaya
This hotel business is on offer at a real bargain now. For only 3.495.000 THB you can take over hotel business based on a 6 year lease. It is also possible to purchase the building for 16.000.000 THB
The hotel is licensed and located right in front of the well known and popular shopping mall,Tukcom, in central Pattaya. Walking Street, 2nd road and the beachroad all within walking distance. The hotel is currently up and running and even busy in the lowseason while it is 90 to 100% booked during the highseason. So this is perfect timing to start a new business running.
This boutique hotel has lobby and space that can be converted into small restaurant downstairs. A total of 7 rooms on 1st and 2nd floor plus a room for manager or staff on the topfloor.
Besides the income from the hotel rooms, the current owner has a guaranteed income of 30.000 THB from subleases(next door shop and street vendors) which can be taken over. Monthly rent for the building is only 26.000 THB per month. This hotel is a guaranteed moneymaker! Current owner is selling due to personal reasons and is willing to be in Pattaya to assist and make the transition as smooth as possible.
Currently the business can be taken over without key money as this has been paid for the coming 3 years already with an option to extend for another 3 years.
- 24 hours manned CCTV security
- Private pool
- Sport complex area
- Swimming pool
- Tropical garden