5579 16-Room Hotel Near Kalim Beach, Phuket

16-Room Hotel Near Kalim Beach, Phuket

Listing No. 66-5579

 

•Business:  Hotel with Restaurant

•Location:  Patong, Phuket.  About 1.6km to Kalim Beach

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

•Size:  approximately 1,200m2 over 5 levels

•Features:  16 Rooms, with standard features like air-conditioning, en-suite bathrooms, TV, mini safes, mini fridges, etc.  

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

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

•Rent:  70,000 baht a month

•Car Parking:  Customer parking is available out the front and nearby

•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:  990,000 baht

•Price Negotiable:  Yes, near offers will be considered

•Security Deposit:  200,000 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:  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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