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   Date    Header Price  
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-- Business-other -- Bangkok and Vicinities -- Bangkok -- Bang Chak --   GE Edit
08/10/2015

0717 Newly Renovated 5 Room Hostel in Ba

1 700 000
pic 0717 Newly Renovated 5 Room Hostel in Ba tn 1 0717 Newly Renovated 5 Room Hostel in Ba tn 2 0717 Newly Renovated 5 Room Hostel in Ba tn 3 0717 Newly Renovated 5 Room Hostel in Ba tn 4 0717 Newly Renovated 5 Room Hostel in Ba tn 5 0717 Newly Renovated 5 Room Hostel in Ba tn 6 0717 Newly Renovated 5 Room Hostel in Ba
Newly Renovated 5 Room Hostel in Bang
Chak, Bangkok
Listing No. 66-0717

• Business: Hostel
• Location: Bang Chak, Bangkok,
Thailand. Amidst the local street
market stalls and a short distance to
On Nut Tesco and Big C
• Building: Single Shop-House,
4 floors entering from the ground
level
• Size: 4 floors of 4m X 14m =
224m2
• Features: Open from 7am till
9pm, guests then use a cypher lock
system to enter. Only renovated ready
for guests in April 2015. There are 2
x 6 bed (3 bunks) rooms, 1 room with 1
double and 1 bunk, 1 room with 1
double and 2 singles, and 1 room with
1 single bed. All rooms except the
single room are air conditioned, and
have their own reading light and power
socket. The 2nd, 3rd and 4th floors
have balconies. Bathrooms, with hot
and cold showers and western styled
toilets are located on the 2nd and 3rd
floors. The ground floor has a
reception desk, toilet and common area
with basic cooking facilities, a
washing machine and clothes dryer.
With renovations only just completed,
the furnishings are all ‘like new’.
• Options: Can transfer
ownership via transfer of existing
company
• Tenure: Leasehold, 3 years
renewable (3+3+3 commencing March
2105)
• Staff: 1 staff with a monthly
payroll of 10,000 baht
• Licenses: None required
• Rent: 15,000 baht a month
(paid up till March 2016)
• Utilities: Unknown, but will
probably be about 5,000 baht a month
• Business Operational: Yes –
from late April/early May 2015
• Reason for Selling: Business
created as an investment only – for
re-sale
• Revenue: Unknown
• Net Profit: Unknown
• Financials: None available
right now
• Asking Price: 1.7 Million
Baht
• Price Negotiable: Yes, near
offers will be considered
• Security Deposit: 30,000 baht
paid at the time of settlement to the
Landlord. Subject to compliance with
the rental agreement, refundable upon
termination of lease agreement
• Key Money: N/A
• Sale Terms: 10% deposit (to
secure the business and remove it for
sale) and the balance within 30 days.
Ownership does not transfer until
payment has been received in full
• More Information: Further
details will only be provided after
inspection
• Inspections: 24 hours’ notice
is required to inspect this business.
Inspection times are between 1000 and
1700 Monday to Friday and between 1000
and 1300 Saturday.
• Agents: No Agent inquiries
please


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