Hostel for Sale and Rent in the Heart of Asoke
Listing No. 066-01-23-011
- Business: Hostel
- Location: Asoke, Bangkok, Thailand
· Features: This hostel is located in the shadow of Terminal 21, only minutes from the MRT and BTS (public transport) and just around the corner from some of Bangkok best-known entertainment zones. This hostel has been open for 3 years and has a good occupancy rate all year round due to its central location. This property has a large open ground floor, with a reception area and kitchen and storage room at the back. Above this you have the guest rooms, shared bathrooms, manager’s office/staff accommodation and laundry area set over 6 staggered half floors, which make the area feel very airy and spacious with a lot of natural light. The staffing over heads are very low as the current owner uses volunteers to do cleaning and just has one member of staff to run the hostel and supervise the volunteers with that person receiving free accommodation for their work.
There is potential to increase revenue by offering F&B to guests, add an additional 2 rooms on the ground floor and at the front of the property you have approximately 20m2 that could fit a small plunge pool or the like for guests to enjoy on a hot day. All this would easily increases profits and would set you apart from other hostels in the area.
- Tenure: Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease). Next renewal will be on 1 June 2020
- Asking Price: THB 2,400,000
More Information: Please contact us for more detailed information (we require your name, phone number and e-mail address)
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