Restaurant Business for Sell

฿ 990,000

Bangkok

Posted 11 months ago
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Business For Sell Business: Restaurant / Bar in Prime Sukhumvit Location Location: 4/8 Sukhumvit Road, Khlong Toei Nuea, Bangkok 10110, on a private soi (not government owned) now listed on google maps. Features: Restaurant located in a private soi, 1 minute walk from Nana BTS Station on Sukhumvit road. Great location in a highly sought-after & growing Area. Full operating shell including aircons, hoods, fans, lighting and electric, plumbing and toilets, all structure and wood work. Ready to move in with someones gear and be operational in a few weeks. The restaurant has been running since December 2017. Huge service elevator through the entire building (5 floors). One of a kind 5 storey building. One & a half times normal width of a standard shop house (approx. 70sqm per floor), where the restaurant can easily seat 70 people on the 2 first floors. Additionally, the 3rd floor has been renovated to accommodate comedy shows (every Saturday) & is able to welcome up to 100 people. This space can also be used for seated functions of up to 70 people. Tenure: Business sale (leasehold Premises). 3 x 3 x 3 years with option to continue longer, increasing 10% every 3 year term. Very nice and easy landlord. Rental price: THB 100,000 per month yearly property tax (at 50% rate). 1 free month rent to move in. Licenses (all): food, beverage, tobacco & music. Asking Price: THB 990,000 reduced from 4.5 million for an urgent sale. Price Excludes: Food & Beverage Stock, Brand & the Artwork, Furniture, Equipment. Security deposit: THB 360,000 Baht (not included in sale price) = 3 months rent. Access to monthly motorcycle and car parking 150m away inside soi 8 for a minimal monthly fee. Main road large signage spot for a minimal monthly fee. Reasons for Sale: owner wishes to expand next to their Sathorn Restaurant location. For the right business model targeting the customers of this area it couldnt go wrong it is also very saleable down the track given the lease / area etc.

Property Details

฿ 990,000

Available as from 31 October 2019

Please contact Ron

Bangkok, Bangkok, Thailand

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