Wednesday 1 February 2017

0102014 Fantastic Phnom Penh City Centre Bar and Guesthouse Business

0102014 Fantastic Phnom Penh City Centre Bar and Guesthouse Business

Fantastic Phnom Penh City Centre Bar and Guesthouse Business

Listing No. 855-01-02-014

 

 

  • Business:  Bar and Guest House
  • Location:  Phnom Penh, Cambodia
  • Features:  This 17 room guest house and bar enjoys a convenient location in Phnom Penh, just a few minutes’ walk to the local night market and the river front. It provides elegant rooms and free Wi-Fi throughout the property. The rooms are fully air conditioned and come equipped with freshly laundered bedding, a flat-screen cable TV and modern bathroom facilities. Some rooms have a private balcony.  The building underwent renovations in 2012. It is currently under a new 6 years contract ready to sublease for 5 years.  There are a total of 17 rooms and a manager’s room along with the ground floor kitchen and bar/dining area. Prices start from $15/night to $35/night ranging from single rooms through to family rooms. The average room rate per night is $26/night.  This is a great turn key business opportunity, all furniture and appliances are included in the sale as well as a refundable $31,200 deposit at the end of the lease term. If you work out the returns based on number of rooms, room rate and occupancy, you will see it provides fantastic returns, along with extra income from the bar and dining room.
  • Tenure:  Business Sale and Rent (Sub Leasehold Premises).  5 years with option to renew (Rolling Lease).
  • Asking Price:  USD 33,800
  • More Information:  Please contact us for more detailed information (we require your name, phone number and e-mail address)


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