Beautiful Restaurant and Rooms for Rent in Phratamnak area of Pattaya

Phratamnak, Pattaya, Thailand

    Beautiful Restaurant and Rooms for Rent in Phratamnak area of Pattaya
      Listing ID: TH1205058-0001


Advertisement Type: For Sale and Rent
Listing Category: Business
Advertisement Categories and Sub Categories: Food and Beverages - Restaurant
Food and Beverages - Cafe
Accommodation - Rooms for Rent


This restaurant is located in a good Soi in the Pratamnak area of Pattaya. This area is mainly residential and has many condominium projects and other housing. The road it is on is used to access the nearby beachfront so there are also many bars and restaurants close by. The current owner refurbished the restaurant in June 2018 so all furniture and equipment are in near new condition. The restaurant is on the ground level with 6 tables out the front and 4 tables inside seating up to 35 people. The kitchen is big and fully equipped with 5 stoves, 2 freezers, refrigerator, oven and 2 storage rooms to the rear. Upon the mezzanine there's an office and linen rooms. On the 2nd level there's a big room fully-furnished with balcony and bathroom with shower (THB 1,000/day). The 3rd level is a medium sized room with balcony and bathroom with bathtub (THB 800/day).

The restaurant currently specializes in Russian cuisine, but it could be adapted to any type of cuisine or the space used for a variety of other businesses. This is a WIWO deal - all you see in the restaurant and the rooms upstairs is included in the asking price. The restaurant has good street exposure, rent is reasonable and the owner has priced it for a quick sale. Interested parties should book an inspection quickly as we don't expect this business to be available for long.

Features

Ideal for Working Couple

Main Road Location

Close to Beach

Good Foot Traffic

Kitchen/s


Business
Tenure: Business for Sale and Rent (Leasehold Premises). 3-year renewable Lease
Asking Price: THB 1,500,000. Payable by:
Cash
Cashier's Check
Bank Transfer
Operational: Yes - Commenced trading June 2018
Franchise: No
Seating Capacity: 10 Tables. Seating for approximately 40 at:
Counter
Standard Tables
Room Occupancy: 61% to 70%
Staff: 2 Full-time Staff


Property
Location: Phratamnak, Pattaya, Thailand
Key Money: No
Security Deposit: No
Lease Renewal Fee: No
Connected Utilities: Power
Water
Internet. THB 600 per month. WIFI enabled
TV. THB 300 per month. 4 Screens
Encumbrances: No
Availability: Now
Parking: Parking is available in the nearby streets


Building
Building Type: Single Shop-House
Building Size: Approximately 3.5m x 17m
Levels: 4
Entry: Ground Level
Area: Approximately 240m2


Included
Company: No
Licenses: Food
Alcohol
Tobacco
Music
Online Accounts: Google
Booking
Agoda
Expedia
Hostelbookers
Other/s
Stock: Stock at the time of settlement is Included in the asking price
Average Stock Value: Not Stated
Other Assets: Furnishings
Equipment
Forward Bookings
Goodwill
Transition Assistance: The owner or the owner's representative will assist in transitioning the business for a short period after settlement, if required




Seller Details


Posted by:
 Palm

View Other Posts by Palm

Vendor Finance:
No

ESCROW Service:
No


Inspections, Meetings and More Information


Availability:
Monday to Friday between 1000 and 1700, and Saturday between 1000 and 1300 by appointment only with 2 working days' notice

Non-Disclosure Agreement:
Required

Proof of Funds:
Required






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