Pattaya Beach Road 18-Room Guest House for Sale
Listing ID:
066-12-02-007
Listing Type:
For Sale and Rent
Listing Categories:
Accommodation
Guest Houses : Boutique Hotels : Hotels
Guest Houses : Boutique Hotels : Hotels
Region:
South East Asia
Location:
Pattaya City,
Pattaya,
Thailand
Features |
| Established Business/Clientele Close to a Beach Storage Room/s Ideal for Husband and Wife CCTV Retail Shopping Nearby Night-Time Entertainment Area High Foot Traffic Owner/Manager Accommodation |
Listing Description |
| Location Location Location! This beach Road guest house has 18 en-suite guest rooms. It is located only 1 minutes' walk to Pattaya Beach and 5 minutes' walk to the iconic Walking Street.
The owner refurbished the guesthouse and it's 100% clear of water leakage problems plus a new fire exit has been installed from all levels. There is no elevator, but no need also as the staircase is quite large. Apart from the perfect location, this guesthouse also has a large street exposure and the current owner uses this ground level space for a few other types of businesses. The large frontage on the ground level is a major asset that could be turned into many other revenue making side-line businesses. Alternatively, it could just be used to make an opulent guest house lobby. The guesthouse has total of 18 rooms - 9 large rooms and 9 small rooms (there are 3 balcony rooms on the 4th floor). The owner refurbished the rooftop and replaced the water tanks, washing machines and this area is currently used as a laundry. The rent is cheap given its great beachfront location and all furniture and equipment are in near new condition. No money has been spared on the renovation. There is even an ATM machine at the front of the building which produces a small income as well. With refurbishment completed, loads of potential, a long lease and a prime location, a buyer can invest in this business with confidence. As an option to buying this business, it may be made available for sub-lease (rental only). Please ask us for more details. |
Business Details
Listing Type:
For Sale and Rent
Asking Price:
THB 13,000,000
Negotiable:
The Price is negotiable
Stock / Inventory:
Stock at the time of settlement is Included in the asking price
Property Details
Tenure:
Leasehold
Tenure Period:
3 Years
renewable
Rent:
THB 150,000 Monthly
Security Deposit:
THB 500,000 (In Addition to the Asking Price)
Land & Building Details
Building Type:
Information not provided by the vendor - please ask
Furnishings:
Fully Furnished and Equipped
General Details
Available:
Now
Inspection / Meeting Times:
Monday to Friday 1000 to 1600 by Appointment
Inspections and/or meetings with owners are strictly by appointment only and should be booked at least two working days in advance. A non-disclosure agreement needs to be provided prior to confirming the inspection/meeting.
Inspections and/or meetings with owners are strictly by appointment only and should be booked at least two working days in advance. A non-disclosure agreement needs to be provided prior to confirming the inspection/meeting.
VISAs / Working Permits (Foreign Buyers):
Buying a business does not, in itself, entitle you to a VISA or work permit. In ALL countries, there are additional requirements and approvals needed. If you are uncertain about your entitlement to live and/or work in Thailand, you should seek independent legal advice prior to pursuing purchase of this listing.
Accuracy of Data and Due Diligence:
While we regularly ask Sellers to review their listing to ensure the information is correct, information may change from time to time. Responsibility for validating information regarding this listing and conducting due diligence is the responsibility of prospective Buyers.
