Large 58 Room Hotel in Kathu, Phuket
Listing No. 66-0560
- Business: Hotel
- Location: Kathu, Phuket
- Building: Stand-alone Hotel
- Features: Large 58 room hotel with restaurant, café, elevator and swimming pool. Rooms have private balconies and the standard room inclusions including air conditioning, TV, en-suite bathroom, mini safes, fridges, and hair dryers
- Options: This hotel is also available for freehold sale for 120 Million Baht
- Tenure: Leasehold, 3 years renewable (3+3+3)
- Stock: Stock remaining at time of settlement is included in the price
- Rent: 550,000 baht a month (payable 6 months in advance)
- Car Parking: Yes
- Business Operational: Yes
- Transition: The owner will assist in transitioning the business for a short period after settlement, if required
- Financials: May be made available to genuine buyers, only after inspection
- Asking Price: 6 Million Baht
- Price Negotiable: Yes, near offers will be considered
- Security Deposit: 2 million 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: 20% deposit (to secure the business and remove it for sale) and the balance within 30 days. 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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