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Upmarket 24 Room Guesthouse & Gentlemans Club

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Upmarket 24 Room Guesthouse & Gentlemans Club  For Sale at 2,950,000 THB  - Done Deal
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Description
Business Details:

REDUCED FOR URGENT SALE

Gentlemans club—Upmarket with top end furnishings and fittings with separate Pool Room and Brunswick table.

Guesthouse—24 rooms -fully furnished like a small hotel—double bed,air con,cable tv ,table to eat and 2 chairs and bathroom and toilet and free wi-fi

Guest house is currently fully let with monthly tenants.

Leases in place with current tenants—yielding approx, 140 k per month. 


Property Details:

Building stretches over 3 shops

4 floor guest house—6 rooms on each floor

Lease—3x3x3

No keymoney

Deposit—included in sale price of 180 k—2 months rent

Located in South Pattaya


Staff Details:

Receptionist—9000 pm

building manager/cleaner—6000 pm

 


License Details:

Licences in place


Sharehold Structure:

In Thai name


Ref: DD1015
Location: Pattaya
Province: Chon Buri
Company Type: None
Type: Hotel / Guesthouse
Tenure: Leasehold
Finances
Registered Capital: 180,000
Sale Price: 2,950,000 THB
Rent Price: 90,000 THB
Revenue: 440,800 THB
Profit: 189,300 THB
Inventory Value: 2,500,000 THB
Rent Cost: 90,000 THB
Rent Period: Every 3 Years
Keymoney Cost: 0 THB
Keymoney: None
Security Deposit: 180,000 THB
Average Occupancy: Currently 100%—monthly tenants with leases
Seller Finance: Want once off payment upfront
Features
City Center
Details
Beds: 24
Baths: 24
Floors: 4
Rooms: 24
Open Days: Gentlemans club is currently closed because wanting to sell
Open Hours: 10 am till 7 pm
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