Hotel for lease opportunity in Patong

Hotel for Lease opportunity in Patong
A fully operational 17-room hotel is now available for a 6-year lease.

Location,
3 mins to Patong beach
7 mins to Bangla road

**Room Breakdown:**
• 1st Floor: 2 rooms
• 2nd Floor: 5 rooms
• 3rd Floor: 5 rooms
• 4th Floor: 5 rooms

Facts:
• Key Money: 2,600,000THB
• Security Deposit: 1,000,000 THB (refundable, subject to no outstanding bills or damages)
• Rental Payment: Quarterly in advance (negotiable)
• Rental Rates:
– Years 1–3: 160,000 THB/month
– Years 4–6: 170,000 THB/month

*Hotel is also for sale as free hold for 28,500,000thb