Patong Boutique hotel by the sea

For lease: Patong Boutique hotel by the sea

Patong Boutique hotel by the sea in Patong Beach has an outdoor swimming pool and 39 rooms with spa and massage.

Guest rooms come with a flat-screen TV with cable channels, fridge, an electric tea pot, a shower and a desk some rooms also feature a sea view.

The lease contract is 8 years left and have 1 hand option to renew again for a 9 years period, rental is set to 300,000 a month.

But rental might increase with max 10% every 3rd year but can be talked over by the land lord when the time comes.

Other location close by:

Phuket Simon Cabaret is 2.1 km from the accommodation, while Banzaan Fresh Market is 2 km away. Phuket Airport is 45 minutes from the property.

The beach is just a cross the street from this business with walking traffic all day so it cant get any better,,,

Facts:

To but this business: 9,700,000 B

Rental per month: 300,000 B

Security Deposit: 1,250,000 B   (Refundable when finish the lease contract)

Rooms: 39

Pool: yes

Restaurant: Yes

Spa: Yes

Lift: No