THIS THRIVING HOTEL IS LOCATED IN THE CENTRE OF PATONG AND ENJOYS A 90% PLUS OCCUPANCY RATE.
WITH 10 YEARS AND 3 MONTHS LEFT ON THE CURRENT LEASE AND KEY MONEY 16,000,000 BAHT PLUS AN ANNUAL RENT OF 1,000,000 BAHT PER YEAR.
THIS IS AN EXCELLENT TURNKEY PURCHASE.
THE HOTEL CONSISTS OF 24 ROOMS, 16 TWIN AND 8 DOUBLE.
EACH ROOM IS FULLY EQUIPPED WITH FRIDGE, SAFE, AIRCONDITIONING, SATELLITE T.V AND TELEPHONE. EVERY ROOM OVERLOOKS THE SWIMMING POOL, WITH BALCONIES ABOVE AND TERRACES BELOW.
IN ADDITTION,
THERE IS A RECEPTION DESK, GROUND FLOOR TOILETS, BAR, PLUS 22 COVER RESTAURANT.
ATTACHED TO THE HOTEL IS A SHOP WHICH IS CURRENTLY USED AS A TAILOR SHOP, BUT COULD BE CONVERTED TO A TOUR SHOP, INTERNET ETC.
THERE ARE 16 STAFF EMPLOYED AND BECAUSE OF THE LEVEL OF OCCUPANCY, THESE ARE PERMANENT EMPLOYEES.
ROOM RATES ARE AS FOLLOWS;
PEAK SEASON: 15 DECEMBER TO 15 JANUARY: 2,800 - 3,000 THB PER NIGHT.
HIGH SEASON: 1 NOVEMBER TO 14 December AND 16 JANUARY TO 30 APRIL: 2,200THB PER NIGHT.
LOW SEASON: 1 MAY TO 31 OCTOBER: 1,200THB PER NIGHT.
