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Phuket Hotel 35 rooms and European Restaurant for sale
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Located in the heart of Patong
This Phuket Hotel has approximately 35 air-conditioned rooms and a 50 seat European Restaurant.
Located in the heart of Patong, only 200 metres from the beach, but with very quiet rooms, the business has all relevant licences, parking, a garden where the 50 seat air-conditioned restaurant is housed, and a roadside bar.
The hotel sits on 1,600 square metres of land, with a lease contract in place until 2013, with a further five year option (the landlord is even willing to give a 10 years or longer option).
Established for six years, the same owner has built the business up, and revenues are now reaching 10 million baht per annum with profits reaching 4.5 million baht.
He now wants to return home to Europe because of his children.
The premises are in tip top condition, well maintained with all modern facilities and spacious rooms with balconies that look out over the attractive garden.
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