Pattaya Guesthouse, Bar and Restaurant. The guesthouse was established many years ago, and offers basic accommodation at reasonable rates for clients. When run by a previous leaseholder it had proved very popular, but now the lease has expired as the outgoing leaseholder had to return overseas.
The building is situated on a 60 Wah² (240sq.metre) large corner land plot, so has good exposure from 2 sides. It is located in the city, in a busy area between Jomtien and Pattaya. In total it offers aproximately 850 sq.metres of internal space.
The ground floor layout includes a front facing restaurant and bar, which is over 100 sq.metres and because of good road front location generates good profits. Behind the restaurant space is a large kitchen and staff quarters.
The upper floors have a selection of rooms in a variety of sizes. Some have a shared bathroom, some have full en-suite facilities. These rooms are spread over 3 floors of the building.
On an upper floor is a spacious covered patio area adjacent to a swimming pool and bar.
The upper most floor of the building has been retained by the property owner as his own apartment. This consists
FIRE SALE AND BARGAIN OF THE YEAR!!!!! The original selling price was much higher originally, but now has been heavily reduced to just 12,800,000 Baht, because potentially any new owner would want to spend some money to upgrade and renovate some of the spaces to provide a more modern boutique style guesthouse.
Currently the property is held within a Thai Company structure and is included in the sales price. Should someone wish to transfer the property into a Thai Name, then the transfer fees would need to be paid by the purchaser. PLUS it includes all hotel licenses, website and full hotel furniture.