Hotel By Patong Beach Road

Property Highlight:

• 27 bedrooms ( 16 Deluxe with Balcony and 11 Standard )
• Reception
• Kitchen
• Office space
• Bar
• Dining area
• Pool Table
• No elevator (Space to install one)
• 100m from the beach

Business Takeover Price: 7,000,000 THB

Lease Term: 9 years (Lease renewed after every 3 years)

Monthly Rent: 220,000 THB

Key Money/Contract Renewal charges: 500,000 THB every 3 years

IMPORTANT NOTES

Rent contract change fee: 220,0000 THB split between buyer and seller

Company Takeover: 150,000 THB

Full financials shared only after meeting & NDA (Please do not ask for sensitive details it will not be shared online)

If this fits your budget, timeline, and investment strategy, contact us to proceed.

Property Information

Real Estate:

Lease

Lease Terms:

9 years

Leasehold Rent:

$65,000 (USD) per annum

Living Accommodation:

27 fully equipped rooms

Location:

Patong Beach, Phuket, Thailand

Premises Details:

24 fully equipped rooms, kitchen, reception, storage area in all the floors, office, dining area, bar and pool table

Business Operation

Management type:

This business is owner operated.

Expansion Potential:

Yes, 2 additional rooms can be added. Space to add elevator etc.

Competition / Market:

None

Reasons for selling:

Discussed after the meeting

Trading hours:

24 hours

Employees:

2

Years established:

2018