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   Date    Header Price  
25/05/2006  Pattaya Hotel and Spa40 000 000
-- Hotel/Guesthouse -- Other Country -- _Other Country -- --   GE Edit
25/05/2006

Guest House in Sri Lanka

26 250 000
UPDATE! Business is now operational and the owner states that the guesthouse is enjoying good occupancy rates with many satisfied customers. She is actively seeking a working partner who would be keen to run this unique property in a wonderful corner of the world.

BKK11593JM - An investment opportunity has arisen near Sri Lanka’s cultural capital, Kandy, due to the European owner’s recently altered family circumstances. A newly constructed two storey Guest House can be acquired, sitting on 4.5 acres of beautiful land, replete with an array of fruit trees and featuring two ponds fully stocked with a variety of fish. With outstanding unspoilt views across the river, and nine double/twin guest rooms, the building is decorated and fully equipped to a high standard, and boasts facilities that include a laundry, a restaurant, a large recreation room, an office and a covered entrance and reception area. All rooms feature balconies, air-conditioning, safes, fire alarms, mirrored glass windows, telephones, solar powered hot water and satellite television. Security systems include a fenced boundary, CCTV and floodlighting. A second property on site is used as the manager’s residence, and is completed in chalet style with a tiled roof. Plans have been conceived to provide a theme bar restaurant overlooking the property’s water features, a children’s play area, a golf practice area (there are several major golf clubs in the region) and either a tennis court or a swimming pool. A two storey chalet style building would then be added, providing a further 16 rooms with en-suite, and eight serviced cabanas with either one or two bedrooms would complete the project. The owner is very experienced in the industry and would help the new owner during the opening and marketing phase; she is also amenable to forming a partnership, and is prepared to discuss owner financing with interested parties.

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