Ocean view patong hotel with 44 rooms

Ocean view hotel with 44 rooms with nice swimming pool located only 900 meters from the ocean of patong beach and close to shopping.

Located just a few minutes walk from shopping center also facing the main road with a lot of foot traffic.

Lease contract set up for 9 years with option to renew a new term, rental is set to 440,000 B for 9 years when renew negotiate new rent.

Ocean view patong hotel with 44 rooms location:

5-minute walk from Phuket Simon Cabaret and 1.1 km from Bangla Rd the property is around 1.0 km from Jungceylon Shopping Center.

Facts:

To buy the business: 6.995.000 B

Rental: 440,000 THB per month to be paid one year in advance

Deposit: 1,500,000 B   (Refunded after lease finished)

Lease term: 9 years 9 (with option to renew)

Rooms: 44

Pool: Yes

Restaurant: Yes

Hotel license: Yes