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Hotel And Building Pattaya Thailand Center Rent Or For Sale

Pattaya, Chon Buri
Asking Price:
$1,540,000 (USD)
Sales Revenue:
$175,000 (USD)
Cash Flow:
$125,000 (USD)

Building and hotel for sale or rent
Building and hotel pasadena lodge soi lk metro pattaya center•
Location: pattaya, thailand. Location is very central of the city and close to all of the night-time entertainment venues, and only a short walk to pattaya beach and the sea.
Building and trade hotel together, or sell the hotel trade only, keeping the building through a monthly rent for 3 years renewable. Long lease, 6 years.
See below details of two solutions possible
******the first solutions******:
Sell land and building with trade hotel
22-room hotel + 1 apartment 100 m2 in 6 floors with lift... (freehold) in central pattaya
Business: 3 stars hotel, with big lobby, reception, lift, very beautiful design
Now only hotel, very good profit annual.. 9 % return on investment for business hotel + 10% / year capital gain for building in central pattaya
Possibility to add the breakfast and catering,
+ it is possible to recover more 110 m2 currently in lobby in ground floor, to put a sport bar a coyotes girls or a gogo bar, restaurant, etc.. For rent or operates by yourself
+ 0ne apartment 100 m2 in 6 floor it is possible to rent, the owner live in now ..
which will greatly increased the very strong monthly profits sure!!!!!
Now only rent 22 rooms of hotel, no bar, no breakfast ,no room service.
• building: 6 floors, lift, building with every licenses from city hall for the conformity of construction
• size: approximately 1080m2 developed and in very good state
• features: lobby 130 m2, reception, professional kitchen, 22 rooms over 6 floors. Rooms feature tv, air-conditioning, en-suite bathrooms with hot and cold water, mini-safes, fridges with mini-bar, etc. Room sizes range from 20m2 to 44m2. + one apartment 100 m2 in 6 floors
•tenure: freehold
• staff: payroll is 55,000 baht a month
• licenses: hall licenses provided, drink and food
• building and trade in a company thai with only very little transfer fee for shares
• online: the hotel has its own website, which may be transferred to the new owner. It is also listed with the major online booking agents like agoda, hotels.com, expedia, etc. It is rated in trip adviser in the speciality lodgings in pattaya category
• rent: n/a
• expenses: 150,000 baht for month for hall fixed charges include wages and taxes
• business operational: yes open 10 years now
• reason for selling: owner would like to retire
• financials: may be made available to genuine buyers, only after inspection
• asking price: for building and for trade hotel
:total : 53 million baht net seller/ sold directly by owner
payable to pay 30% credit by seller
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*****the second solutions; rent long lease******
New price 13 million baht net seller
and 190,000 baht for month
sale business hotel pasadena lodge
sell the hotel trade only
And keeping the building through a monthly rent
Rent with lease for 3 years renewable
This hotel have very good profit every month, ..that generated by more than 10% of investment income net of profit for owner .after deduction of all expenses and the monthly rent….
.it it’s possible to double its profits by
+transforming the very large lobby to retrieve a surface of more than 100 m2 to make a great lounge bar with coyotes girls or a gogo bar, restaurant, sport bar, etc…this location is very central of the city and close to all of the night-time entertainment venues… you can set longer: room service and breakfast …
+in the 6 floor you have one very nice apartment de 100 m2 for rent or live inside,
Hotel trade selling prices with all the supplies and 14 millions baht net seller
-1-the rental price for the entire building is 190,000 baht every month
-2- key money of 600,000 baht every tree years renewal of the contract
two month deposit for start contract.

Property information

Real Estate:

Real Property Included

Living Accommodation:

In the 6 floor you have one very nice apartment de 100 m2 for rent or live inside

Location:

This location is very central of the city of Pattaya and close to all of the night-time entertainment venues. Soi LK metro, at 300 meters of the beach and walking street, near all shopping.

Premises Details:

In the center of the Soi LK metro

Size in square feet:
1.080 m²
Planning Consent:

ALL PLANNING PERMISSION GAINED

Business Operation

Expansion Potential:

More possibility:the very large lobby to retrieve a surface of more than 100 m2 to make a great Lounge bar with coyotes girls or a gogo bar, restaurant, sport bar, etc.
This location is very central of the city and close to all of the night-time entertainment venues… You can set longer: room service and breakfast.
In the 6 floor you have one very nice apartment de 100 m2 for rent or live inside,

Competition / Market:

It's the only one hotel in the LK metro.

Reasons for selling:

retirement owners has 66 years old .

Trading hours:

24/24

Employees:
5
Years established:
10

Other Information

Support & training:

All support the buyer need

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

seller can credit of 40% .... or possible lease with guarantees

Furniture / Fixtures value:
$290,000 (USD)
Website:
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Home based:
This business can be run from home.

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