Freehold Tenanted Guesthouse and
Nightclub in Central Pattaya
Listing No. 066-12-02-053
Business: Guest House
Location: Pattaya, Thailand
Features: Tenanted mid-2019 with a brand
new fit-out on ground floor where the nightclub is situated, the guest rooms
upstairs were refurbished in 2017.
Considered perfect for an investor as it is fully tenanted (premises,
furnishings and equipment) on a 3 year renewable lease, the property requires
virtually no effort on behalf of the owner with income guaranteed. It is located just off the high foot
traffic area of Soi Bua Khao, Pattaya, in a small but lively little Soi. Soi Buakhao is one of the busiest streets
in Pattaya and is the heart of the entertainment district. It has become the new ‘hot spot’ in
Pattaya. The nightclub was created by
the tenants and has been refurbished to Western standards. Upstairs, there are a total of 8 rooms set
over three floors. The daily room rent is between THB 500 and THB 1,000. All
the rooms are modern and have beautiful bathrooms, TV's fridges, mini-safes
and DVD players. The property is very
well located, close to many hub activities and also far enough away to enjoy
a little bit of privacy. The owner, who is a long-time resident in Thailand,
and his Thai wife are moving into retirement and are keen to sell. Price is very good for this location noting
the building is in excellent condition, fully tenanted and with all paperwork
needed for immediate transfer. Gross
return on investment for this property is around 6% per annum.
Tenure: Business for Sale (Freehold
Property). This listing is also
available for Leasehold Sale (Sale and Rent) - please ask for details
Asking Price: THB
15,000,000
More Information:
Please contact us for more information (we require your name,
phone number and e-mail address)
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