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ID: PB10216

Leasehold Hotel with restaurant
Locate: Central Pattaya, Pattaya, Pattaya, Thailand

 

Leasehold
7,500,000
Annual
4,500,000
Cash Flow
3,000,000

 

Details:

Leasehold Hotel with restaurant

The founder and current owner of this Central Pattaya 23-room hotel and restaurant wishes to retire, so here is an opportunity to walk into an up-and-running business. The base monthly rental is 100,000 baht. The lease will run for 3-years from the date of purchase, (with 2-million baht security on the lease), after which another 3-year lease will be granted, with key money, but with a modest increase in rent.  Yearly cash receipts from this hotel business amount to 4.5 million baht thus earning a 3-million baht annual profit.  Price 7.5-million baht. Freehold at 45-million baht.

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Map:

Central Pattaya, Pattaya, Pattaya, Thailand

Presented by : Agent
Name : Info...
Brokered by : Pattaya Investments
Business ID : PB10216

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