Profitable Guest House for Sale in Pattaya, Thailand

Company has taken 2 commercial buildings on key money contract with the landlord. One building has 3 floors with restaurant & bar on the ground floor and guest house with 4 rooms on 1st and 2nd floor. The other commercial building has 2 floors in total with 3 shops on the ground floor and 21 guest rooms on 1st floors with a lift. Both these properties are located adjacent to each other in a high footfall area of Pattaya City. Each guest house has 70% occupancy rate. Business owner is looking to sell either all businesses to a single buyer or sell each business separately.

Company owned assets include furniture, fixtures, lighting, and renovation.

Building 1: Restaurant & bar on ground floor and 4 guest rooms on 1st floor & 2nd floor.

Building 2: 3 shops on ground floor and 21 guest rooms on 1st floor.

Both commercial buildings are taken on key money contract. Renovation has to be done for the guest house.