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Bungalows, Restaurant Bar for Sale

Located on the main street in one of Koh Chang’s busiest areas, this fabulous offering of bungalows, restaurant and bar is now available for immediate sale.

The Offer – Bungalows, Restaurant Bar for Sale

WITHDRAWN FROM SALE

The accommodation comprises:-

  • Six large a/c rooms with ensuite hot water shower bathrooms. Each has a fridge, TV and balcony
  • The buildings are raised up from the ground on concrete stilts. All are connected via a walkway, with pretty garden borders running alongside.
  • At the front of the property and opening out onto the street sits a 30 seater wooden decked restaurant, complete with a long curved bar and service area down one side, large kitchen immediately behind and adjoining customer bathroom. Accessed by a metal spiral staircase, a cosy chill-out lounge which itself seats 20 looks down on the street action beneath.
  • Under the restaurant building,. you’ll find 4 staff rooms, share bathroom and storage area.
  • Next door and constructed like a treehouse around an amazing ancient tree, the secondary bar can be operated as a separate entity to the bungalows business.

At the rear of the property, there is space for development of 6 more bungalows, with foundations already laid for 4.

Utilities

Electricity is standard 3 phase, with the water supply coming from the metred local source.

Price and Lease – Bungalows, Restaurant Bar

The assumable existing 3 years rolling lease is currently set at an excellent annual rate. It’s payable each year or 3 years in advance and can be easily renegotiated for a further fixed long term, with 3 yearly increases built in.

All equipment, fixtures and fittings are included in the sale.

The owner is after a quick sale so very open to any offers. Please note that the property does need renovation.

WITHDRAWN FROM SALE


Please contact us to set up a viewing.


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