35-Room Apartment Building with
Restaurant on a Main Road in Pattaya for Rent

Listing No. 066-12-05-122

• Business:  Hotel and Restaurant


• Location:  Pattaya, Thailand


• Features:  This fully furnished apartment
  building in Pattaya is being offered for a low monthly rental and key
  money.  The building has 35 rooms
  and all rooms are fully furnished. 
  The owner has just renovated 17 rooms in a modern style with
  modern furnishings.  All the rooms
  have their own balcony and en-suite bathroom (with separate wet and dry
  areas), are air-conditioned, and have normal inclusions like TV,
  cabinet, sofa and beds.  The restaurant is not currently trading. It is
  however, fully fitted out in modern style with some furniture and
  kitchen equipment. Seats about 40 people. The
  building is located on a main road in Pattaya and it's only 950 meters
  to the world-famous Walking Street and Bali Hai pier.  A new owner could add an elevator to
  attract more clients and increase the room rate.  There is also a large terrace on 4th
  level which could be turned into a small outdoor bar, cafe or
  convenience shop to increase revenue. 
  The current owner is using this space for laundry.  The building is conveniently located
  on a baht-bus route between Pattaya and Jomtien Beach.  All rooms are also connected with CCTV
  at the front desk.  The current
  business has been branded for daily and monthly rental successfully for
  many years, but the owner prefers a new owner to use their own brand
  (but this issue may be negotiated). 
  A new tenant will be required to take out building
  insurance.  The building is in
  great condition and no money needs to be spent on renovation.  There is no company offered
  with this listing.  Inspection can
  be arranged after completing a Non-Disclosure Agreement (NDA).  There is no key money.


• Tenure:  Property Rental (Leasehold
  Premises).  2 years with option to
  renew (Rolling Lease).


• Asking Price:  NIL -
  Rental Only


• More Information:  Please
  provide your name, phone number (with country code) and email address so
  we can contact you to assist