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   Date    Header Price  
-- Hotel/Guesthouse -- Eastern Region -- Chonburi -- --   GE Edit
15/03/2008

A full-enclosed, self-contained complex

75 000 000
A full-enclosed, self-contained complex of 23 serviced apartments with an exclusive client base on one Rai of land just a 10-minute stroll from Walking Street is available for sale in South Pattaya. The one and two-bedroom apartments plus two penthouse apartments (90sqm and 150sqm) are located in two buildings separated by landscaped gardens and each commands between 20.000 baht and 35.000 Baht rental income per month. All are modern, beautifully decorated and furnished and have air-conditioning, TVs and many additional facilities, including safety boxes and ASDL Internet connections. There is also a coffee shop, laundry, additional office space, staff room and owner’s accommodation. The current owner is retiring but is prepared to provide six months’ training to the purchaser. Confidential financial records will be disclosed to pre-qualified potential purchasers. Selling price: 75.000.000 Baht for the freehold; 12.000.000 Baht for a 10-year lease; 24.000.000 Baht for a 20-year lease; or 36.000.000 Baht for a 30-year lease.
Lease status: Leasehold or Freehold
Monthly rent: 0 THB .. Lease expires: Option:
Sec. Deposit: 0 THB Included in sales price: No
Key money: 0 THB Frequency: Included in sale price
Bldg. size: Land size: 1 Storeys: 2
Seats: 0 Rooms: 23
Days open: 7 Hours: 24 Hrs License: None
Parking: Communal 24hr. security: No
FT employees: 7 PT employees: 0 Monthly payroll: 57,000 THB
Fixtures, furniture included except:
Business established: Current owner:
Fixtures, furniture & equipment valued at: 0 THB Incl. in price: Yes
Inventory (at cost) valued at: 0 THB Incl. in price: Yes

Gross ann. receipts: On request Fin. record available: Yes
Net profits: On request Fin. record available: Yes
Call BB LETS living in China: #### ### ###.
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