For Sale THB 108,000,000 - Commercial
Freehold hotel Pattaya – Top beach and nightlife location
The freehold property offers a total of 41 hotel units in 6 categories, up to the lavish 2-bedroom suite and the suites with terrace space. All accessible by elevator. The units are modern and offer en-suite shower, air conditioning, cable-TV, mini b :…
This freehold property offers a total of 41 hotel units in 6 categories, up to the lavish 2-bedroom suite and the suites with terrace space. All rooms are accessible by a modern elevator. All the units are modern and offer en-suite shower, air conditioning, cable-TV, mini bar and electronic safe. The hotel offers in-house Wi-Fi throughout the premises.
There is a small business centre/Internet cafe for the guests. Plus there is a gym and sauna for the guests and for outside members as well.
One of the top assets is a 200 seat entertainment venue belonging to the property and currently leased out, generating good additional income.
The Intimate rooftop terrace with sea views is exclusively reserved to hotel guests.
Besides the accommodation, there is an a la carte Restaurant/Coffee shop with 50 indoor and terrace seats.
The food is excellent and its popularity renowned with outside guests as well. The kitchen presents itself as a clean and top modern gastro-kitchen.
The property has constantly been upgraded and is therefore in top condition. In 2012/13 alone, 4.5 Million Baht have been spent. The provable overall investment in the property is well above todays selling price.
The property is excellently managed by a professional team that can be taken over by the new owners.
There is a license to rent the rooms, a licence to run a GoGo bar/entertainment venue plus the food, liquor and cigarette licenses.
The business is up and successfully running. Business figures can be seen in time. The business has it`s own website and contracts with booking sites.
* Fitted kitchen
* Air conditioning
* Beachfront or seaview
* Safe in room
* Cable- or Satellite-TV
* Fitness center
Plot size : 384 sq meters