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Boutique Hotel With Coffee Shop In Patong For Sale

Patong, Phuket
Asking Price:
$57,100 (USD) Inventory / Stock included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$50K - $100K (USD)

The hotel with lift and coffee shop is main road facing and located just 5 minutes walking from Jungceylon Shopping Mall. Every room comes fully furnished with ensuite bathroom, balcony, flat screen with cable TV, safety box, wi-fi. Renovated in 2016. The rent increases by 5% every 3 years of contract.

-Asking Price: 1,900,000 THB
-Security Deposit: 400,000 THB refundable at the end of the contract
-Low season rent 1 May – 31 Oct: 120,000THB per month
-High season rent 1 Nov – 30 Apr: 140,000THB per month
-Contract: 3+3+3 years (total 9 years, 7.5 years left)

The images are provided for illustrative purposes only and do not concern the current business. Photos, exact location, and financial information will be available during the inspection of the property.

Property information

Real Estate:

Lease

Leasehold Rent:

$48,600 (USD) per annum

Location:

The hotel with lift and coffee shop is main road facing and located just 5 minutes walking from Jungceylon Shopping Mall

Business Operation

Reasons for selling:

the current tenant sell to move to a bigger property

Trading hours:

24/7

Employees:
5

Other Information

Support & training:

yes

Contact Information

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