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Freehold Tenanted Guesthouse and Massage in Patong, Phuket


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Listing ID:
066-48-02-015

Listing Type:
For Sale

Listing Categories:
Retail Property
Guest House   :    Rooms for Rent   :    Shophouse

Region:
South East Asia

Location:
Kathu,  Phuket,  Thailand



Features

  Retail Shopping Nearby     Night-Time Entertainment Area     Main Road Location     High Foot Traffic  


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Listing Description

This double shop-house is located on Phangmuang Sai Kor Road which is the 3rd road from Beach Road in Patong, Phuket. It's 500 meters from Jungceylon shopping mall and 10 minutes' walk from Bangla Road.

The building has 5 levels and is currently tenanted. The current tenant operates the ground level as a massage shop and the above rooms as rooms for rent. The 16 rooms upstairs are air-conditioned and have en-suite bathrooms and balconies. This building is offered for freehold sale and the price for this location is very good.

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 on a main road near Patong Beach. This is a great location to invest in as land prices keep rising in this area.

Inspection can be arranged by appointment with Asia Business Brokers after completing a Non-Disclosure Agreement (NDA).




Business Details

Listing Type:
For Sale

Asking Price:
THB 25,000,000

Negotiable:
The Price is negotiable

Stock / Inventory:
N/A




Property Details

Tenure:
Freehold




Land & Building Details

Building Type:
Double Shop House

Furnishings:
Partly 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.

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.