1001003 Little Hostel near Pratu Chang Phueak Chiang Mai for Sale https://ift.tt/2HoxS52

Little Hostel near Pratu Chang Phueak Chiang Mai for Sale Listing No. 066-10-01-003   Business:  Hostel and Cafe’ Location:  Muang Chiang Mai, Chiang Mai, Thailand ·         Features:  This is a single shop-house with 4 floors plus mezzanine and rooftop turned into a hostel. The hostel can accommodate up to 30 people.  It has an air-conditioned room and 2 fan rooms.  There are 4 toilets and bathrooms in total.  There is a common area for guests and on the mezzanine level and the manager's accommodation is on this level also.  On the ground level is a cafe' at the front and a kitchenette for guests to use at the back.  It is located close to many tourist attractions, 350m to Pratu Chang Phueak, 600m to Wat Chiang Man, 900m to Wat Phra Singh, 1km to Chedi Luang and 2km to Wat Suan Dok and Tha Phae Gate is only 1.5km away. The current manager doesn't do a lot of marketing or advertising for the cafe', so this space is a little under-utilized and could be turned into a full cafe' where you can serve drinks and light snacks. Included in the sale price is a coffee machine, fridge, microwave and washing machine.  CCTV is installed and can be seen via smart phone.  All stock and advance bookings at the time of settlement will be transferred to the new owner.  The hostel has everything in place in order to continue trading.  The rent will increase by 10% with a rental review due in 2018.  There appears to be growth potential with the cafe' downstairs and adding a tour booking service for this popular tourist city. Tenure:  Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease) Asking Price:  THB 590,000 More Information:  Please contact us for more information (we require your name, phone number and e-mail address)

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