47-Room Hotel and Restaurant in Street 172 Phnom Penh Listing No. 855-01-02-004
· Features: Located in the heart of the tourism area of Phnom Penh with easy access to the riverside, museums, the Royal Palace, etc. The property was renovated and became operational in June 2016 and has since been successfully and profitably run. It has parts to it, the main part is the hotel with 47 guest rooms over ground and three upper floors, adjacent is the restaurant area with 56 seats with rooms above, combined offering approximately 765m2. The hotel has a 15 year lease with around 12 years remaining, the restaurant has a 12 year lease with about 8 years remaining. The business sale includes all the furnishings and equipment, business licenses, face book page and accounts with Expedia, Booking.com and Agoda, including 13 staff. The asking price includes the security deposit. If you are looking for a profitable medium size hotel in the heart of the tourism area, then book a viewing today!
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