1202027 Long Established Bar and Guest House in Famous Spot on Na Klua Road Pattaya https://ift.tt/2P4ATyr

Long Established Bar and Guest House in Famous Spot on Na Klua Road Pattaya Listing No. 066-12-02-027   Business:  Bar and Guest House Location:  Pattaya, Thailand Features:  The bar is located on a busy spot of Naklua Road, Pattaya.   The area is famous for nightlife entertainment in North Pattaya with both expats and tourists.  It is close to Terminal 21 Mall, the beach, retail shops and many hotels.   The bar is on a ground floor with a large frontage of 8 meters; it looks very appealing from the main street.  It has an island bar with 15 stools around it, many other types of seating inside and Al-fresco seating style outside.  The Al-fresco seating is particularly popular with patrons who can sit outside and watching the activities! There are also 2 x toilets (male and female) and a kitchen room at the rear on a ground level with standard equipment; however the kitchen is not currently used.  A new owner could add meals and snacks to the menu to increase revenue.  There are 6 en-suite rooms on the top 2 levels, the room rates are between THB 600 to THB 1,000 a night.  Importantly this guesthouse has many complimentary reviews online and it's in the top 5 in Tripadvisor.  The rooms have standard feature likes A/C, mini-safe, fridge, Electricity Card, TV, Cabinet, armchairs and the like.  There are 4 rooms (2 with balconies) that face the main road and the owner has replaced the windows with double glazed glass to prevent the noise.  The guests have external access to the rooms after the bar closes. There are 5 CCTVs, emergency lights and fire extinguishers have been installed throughout the building.  The owner purchases water from a supplier which typically costs THB 200 per day.  There are also plenty of water tanks around the building.  The owner is willing to provide all financial records for genuine buyers to inspect after inspection.  All income is recorded via the POS system.  The landlord required the rent to be paid annually in advance, but the owner states that this could be negotiated to 6 months in advance if needed.  This is an opportunity to own an established bar and guesthouse business in one of the great spots of Pattaya known to both tourists and expats.   The owner has been operating this business since 2004 and is now seeking a change and new adventures. Tenure:  Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease) Asking Price:  THB 1,600,000 More Information:  Please contact us for more information (we require your name, phone number and e-mail address)

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