Patong

Commercial Property: for Sale

Location: Patong

Price: 5.0 Million Baht

Description: This top quality guesthouse has been operating for 2 years and is the perfect ‘walk-in’ business opportunity.
Ideally located, it is a short stroll from Junceylon shopping and entertainment complex, Bangla road and Patong Beach.
The dιcor and furnishing is a very high standard and all rooms offer air con, hot water, cable TV, minibar, en- suite bathrooms and wireless internet.

• 20 rooms, 4 floors, room size: 25 – 34 sqm
• King size beds, table & chair, ½ fridge, 21’ TV, air con, window blinds
• Reception: telephone, printer, computer, 32” TV, credit card machine, 2 x safe boxes, 3 sofas, 3 coffee tables
• Kitchen: grill, coffee maker, cappuccino maker, freezer, double fridge
• Daily Rates from baht 700 – 1800 per night including daily maid service
• Massage available, motorbike rental, parking, room service
• 7 year lease remaining (to July 2016)
• Rent baht 120,000 per month (6 monthly in advance). Current rent paid to Jan 2010
• Price includes all inventory and furnishings, 2 websites and a Limited Company
• Net income currently baht 1.72 million per annum