0109004 Hostel for Sale and Rent in Silom Area

Centrally Located Hostel for Sale and Rent in Silom Area

Listing No. 066-01-09-004

 

• Business:  Hostel
• Location:  Silom, Bangkok, Thailand

·         Features:  This business has great potential as it is not yet 100% completed and there is still time for the new owner to put their own unique stamp on the hostel.  Only a couple of minutes’ walk from Sala Daeng BTS and Silom MRT.  Located in the heart of Silom with shopping, bars, clubs, parks and the mass transport system on the door step, it's a great place for travelers to be stay while exploring Bangkok on holiday.

This 6 story single townhouse offers a bar and lounge area for guests to mingle on the ground level.  At the back of the ground floor there is a good sized kitchen that offers a basic menu. The 2nd to 5th floors has mixture of 10-bed dorms with and without air-conditioning and 8 private rooms with air-conditioning.  There are also shared bath rooms on each floor. The 6th floor has staff accommodation that leads onto the rooftop area, which is set over two levels and would be perfect for a roof top bar. There is WiFi throughout the building and it is also monitored by CCTV cameras. The current staffing overhead for this hostel is very low as the owner uses volunteers to do the cleaning, cooking, booking and running the of bar, and in return for their 4 to 6 hours work they receive free accommodation.

With only a small extra investment this hostel could very easily increase bed rates and, by offering a wider F&B service, profits could be boosted.  The 3x3x3 lease enables plenty of time for the new owner to recover their investment.

• Tenure:  Business Sale and Rent (Leasehold Premises).  3 years with option to renew (Rolling Lease).
• Asking Price:  THB 2,900,000

More Information:  Please contact us for more detailed information (we require your name, phone number and e-mail address)

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