Description:

Hotel situated in a central location of Patong, 15 minutes walk to the beach,
10 minutes walk to the Jungceylon Shopping Mall and Banzaan Night Market
5 minutes walk to the OTOP Shopping Paradise.

The property features a Lobby, Reception, 2 Restaurants (one for Buffet Breakfast and another one used as \"A la Carte Restaurant & Coffee Shop\"), Kitchen, Lift and Swimming Pool.

58 Rooms:
-48 Superior Double/Twin Rooms (28 with Balcony)
-10 Deluxe Double Rooms (6 with Balcony)
-Hotel has 11 rooms extra for employees on the 7th Floor
-The sale price also includes a 3 bedroom apartment on the 6th Floor that can be rented out separately.

Price - Key Money: 4,900,000 THB
Price includes:
- 58 rooms (48 twin rooms + 10 deluxe double rooms)
-Thai Company Limited (2 work permits)
-All operating licenses
- 3 bedroom apartment
- 11 rooms extra
-POS offline EDC machine (bank deposit 300,000THB) - refundable
-Electricity meter deposit (126,000THB) - refundable
-All stock and materials

Hotel in excellent condition.

Security Deposit: 1,000,000THB refundable at the end of the contract
Rent: 435,000 THB per month (paid three months in advance)
Contract: 3+3+3 years that started on 1 November 2017

All rooms are air conditioned, fully furnished with en-suite Bathroom,
LCD Tv 32\" with cable channels, Safety box, LAN and Wi-Fi Internet,
Refrigerator, Telephone and Coffee/Tea maker.
Wi-Fi in all areas, Luggage storage, CCTV.
Parking for Cars and Motorbikes.
The property is listed on the most important online travel agency (OTAs),
as well as a few contracts with a some B2B agencies.

Distance

- Airport: 40 Mins.

- Nearest Beach: 5 mins to Patong Beach