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Free Rent 1 July Boutique Hotel With Pool For Sale

Patong, Phuket, Thailand
Asking Price:
$254,800 (USD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

TThe Boutique Hotel with Pool Patong located just 700 meters walking distance from Jungceylon, and 12 minutes walk from the beach.

The hotel offers 43 nicely furnished accommodations features an ensuite bathroom, balcony, wi-fi, etc.

The lift gives access to all floors. On the ground floor, there is a swimming pool with sundeck loungers, sauna, pool, and lounge area.

The restaurant use to serve a breakfast buffet in the morning, possible to increase revenue and serves food also room service during the day.

In addition, a nice lobby with reception and management office. Parking for car and motorbike.

The landlord undergoing a deep maintenance and renovation of the property.

Asking price: 8,000,000 THB
Security deposit: 2,000,000 THB (refundable)
Rent: Free rent until 1 July 2021
Rent: 300,000 THB from 1 July 2021 for 1 year
Rent: 450,000 THB after the first year of contract (rent increase 10% every 3 years)
Contract: 1+3+3+3 years (10 years)

The images are provided for illustrative purposes only and do not concern the current business. We provide to give the location, name, and financial information when available only by appointment with one of our agents.

Property Information

Real Estate:

Lease

Lease Terms:

9 years

Leasehold Rent:

$114,700 (USD) per annum

Premises Details:

located just 700 meters walking distance from Jungceylon, and 12 minutes walk from the beach.

Business Operation

Trading hours:

24/7

Other Information

Support & training:

yes

Contact Siam Expat Property

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