Located in a prime spot, roadside, on one of the most popular beaches on Koh Chang, this existing bar restaurant business with 4 bungalows is a fabulous new addition to our property portfolio.
The Offer
SOLD
The restaurant and bar area includes;
- A roofed front terrace, lounge area and the restaurant itself as well as bar, pool table and large dance area with a professional DJ booth.
- Upstairs, there is a great space used for additional relaxed seating and a useful storage area.
- The kitchen is fully renovated, with all fixtures and fittings included in the price.
Accommodation comprises
- 4 bungalows, 2 made from concrete and 2 made from wood, all with private bathrooms, suitable for staff or owner accommodation, but of course easy to rent out in peak times.
Beyond the kitchen and bungalows, around 1/4 rai of undeveloped land presents an excellent opportunity for expansion, with plans and feasibility studies available for building an additional 12 bungalows, thereby transforming an already highly successful business into a small resort.
Utilities
Electricty and internet contracts are all in place. Water supply is all year round from a 2 local sources.
Price and Lease – Bar Restaurant Business
The existing standard lease is payable each year or 3 years in advance and can be easily renegotiated for a fixed long term, with 3 yearly increases built in. The landlord guarantees no increase in the price for the first 3 years.
Detailed financial data is available on request.
The price for the bar restaurant is 5.5 Million, 4 Million, 1 Million THB – SOLD
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