Property ID : B516
Business for Sale 4,000,000THB - Hotel and Guest House
B516 – This hotel is set in an excellent quite location in Patong, just 5 mins walk to Jungceylon Mall and Bangla Road. It features 50 guest rooms, all having an en-suite bathroom, flat screen TV, air-con, and fitted furniture. On the ground floor is an expansive area which has the reception, office, staff room, bar, restaurant, kitchen, lounge area, and parking area at the front. The business has been in operation for a few years, and it comes with fully trained staff, good on-line presence, and contracts with a number of tour agencies. The terms are as follows;
– 4,000,000THB to buy this business.
– 1,000,000THB security deposit.
– 380,000THB rent per month which is paid every 3 months in advance.
– 10% rent increase every 3 years.
– 3+3+3 year contract.
Note: We are sorry but we do not provide the exact location or financial information of this business by email. This information is available upon a personal inspection with one of our agents.