0511 8-Room Guest House at Patong, Phuket for Sale and Rent

 

8-Room Guest House at Patong, Phuket for Sale and Rent

Listing No. 66-0511

 

•Business:  Guest House

•Location:  Patong Beach, Phuket

•Building:  Shop House, 5 floors with entry from the ground level

•Size:  approximately 340m2 over 5 levels

•Features:  8 guest rooms (approximately 15m2 each) with hot and cold water in the en-suite bathrooms, TV (32”), air conditioning, balconies, min safes, bar fridges and all linen supplied.  There is WIFI throughout and the reception, tour desk and pharmacy are on the ground level.

•Tenure:  Leasehold, 3 years renewable (3+3+3)

•Staff:  currently not operating – no staff

•Licenses:  No licenses.  Need to be renewed

•Stock:  Stock remaining at time of settlement is included in the price

•Rent:  60,000 baht a month

•Car Parking:  Limited customer car parking is available in the nearby soi’s.  Motor bike parking is out front.

•Business Operational:  No

•Transition:  The landlord will assist in transitioning the business for a short period after settlement, if required

•Reason for Selling:  Previous owner left with rental arrears

•Asking Price:  RENTAL ONLY for the first 3 year contract and then subject to negotiation with the landlord

•Price Negotiable:  Yes, near offers will be considered

•Security Deposit:  380,000 baht paid at the time of settlement to the Landlord.  Subject to compliance with the rental agreement, refundable upon termination of lease agreement

•Key Money:  N/A

•Sale Terms:  Security Deposit and one months’ rent in advance.  Ownership does not transfer until payment has been received in full

•More Information:  Further details will only be provided after inspection

•Inspections:  24 hours’ notice is required to inspect this business.  Inspection times are between 1000 and 1700 Monday to Friday and between 1000 and 1300 Saturday

•Agents:  No Agent inquiries please

 

 

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