Upmarket 24 Room Guesthouse & Gentlemans Club
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
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
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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