0102020 Riverside Phnom Penh Hotel with Fantastic River Views https://ift.tt/2Mksi4i

Riverside Phnom Penh Hotel with Fantastic River Views Listing No. 855-01-02-020   Business:  Hotel Location:  Phnom Penh, Cambodia ·         Features:  Located on Sissowath Quay with fantastic river views, this 15-room and 2-apartment hotel is available for sale and rent.  The entrance to the hotel is through a restaurant, which is not part of the hotel, however the current owner has an agreement to reclaim the space when the restaurant lease expires in about 12 months.  Serviced by a lift, the hotel has 15 rooms and 2 apartment units over 4 floors.  The rooms at the front all come with balconies and amazing river views. There is also a rooftop area which can be refurbished to create a rooftop bar or the like. The existing lease is for 5 years with 3.5 years to run (as at September 2018) and is renewable.  The business is for sale as the owner has other business concerns he must take care of in his home country.  Price is negotiable and the owner will consider all reasonable offers.  Financials and advance booking details can be shown to interested parties upon inspection. Tenure:  Business Sale and Rent (Leasehold Premises). 5 years with option to renew (Rolling Lease) Asking Price:  USD 55,000 More Information:  Please contact us for more information (we require your name, phone number and e-mail address)

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