Ad in: Bangkok, Thailand - Commercial Real Estate

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Pattaya Central 13 Room Guesthouse Bar Take Over - Price: $60900

Ad # 655623
Marc Heylen

[not verified]
Square ft
20150 (map)
May 6, 2019
May 6, 2019
May 5, 2020
This basic style low budget hotel/guesthouse is top located less than 100 meters to Central Festival in a side soi of second road. It has a massive amount of passing traffic by cars, motorbikes and on foot. The ground floor is recently renovated and has a narrow but very long commercial space useable for bar, restaurant, office or massage parlor, depending of the new renters ideas. It had 13 low budget rooms for backpackers or locals but always as good as fully booked the whole year around by tourist booked by several booking agencies, creating a high ROI. Guest rooms are fitted with a TV, private bathroom, air conditioning and a desk. 1 of the 13 rooms is a very large manager’s residence. The business is fully licensed and the rent for that area is extreme low being 45,000.00 THB (1.400 USD) per month with NO key money. The take over for the business came down from the original 2,500,000.00 THB now to a rock bottom price without any further discount of only 1,950,000.00 THB (60.900 USD). Please contact us for viewing.
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