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Leaver

Is the closure of your favorite bar or restaurant imminent?

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21 minutes ago, Leaver said:

How can you be so sure?

 

Pattaya's most popular sports bar, Retox, is for sale. 

 

7 minutes ago, Leaver said:

I never suggested it was.

 

I am merely saying that if one of the most, if not the most, popular sports bar in Pattaya is for sale, what makes you so confident your favorite sports bar will remain open, into the future? 

I think you did. Had me going there for a minute.555

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8 hours ago, Leaver said:

How can you be so sure?

 

Pattaya's most popular sports bar, Retox, is for sale. 

What bar is not for sale?

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Well the impossible happened today.......I noticed about 4 Indian Restaurants in act of closing down......Real lets remove every thing from the shop closing down....But loads more are closed but still not completely out of business..... 

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On 5/20/2020 at 4:38 PM, TaaSaparot said:

What bar is not for sale?

Sure, but that advertisement was dated the 30th March, when the virus had not caused so much economic damage.  Either they were selling anyway, or could see the writing on the wall.  

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On 5/21/2020 at 7:45 AM, redwood1 said:

Well the impossible happened today.......I noticed about 4 Indian Restaurants in act of closing down......Real lets remove every thing from the shop closing down....But loads more are closed but still not completely out of business..... 

How do you know they were closing down?  Maybe they have negotiated a cheaper lease elsewhere and are simply moving. 

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11 minutes ago, Leaver said:

How do you know they were closing down?  Maybe they have negotiated a cheaper lease elsewhere and are simply moving. 

How do you know Retox is closing down?

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6 minutes ago, Phil McCaverty said:

How do you know Retox is closing down?

I never said Retox is closing down.  Retox is for sale, and I posted the link.

 

However, if one of the most popular sports bars in Pattaya, if not the most popular, wants out, then that's a sign of the times.  

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Posted (edited)
29 minutes ago, Leaver said:

How do you know they were closing down?  Maybe they have negotiated a cheaper lease elsewhere and are simply moving. 

Well I did not go and interview the owners personally.....But removing ever last thing from a shop says 100% CLOSED to me.......No ones going to negotiate a new lease at a new location now any ways,a landlord would be a fool to do this...Zero rent shops are not to popular with landlords...

Edited by redwood1

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38 minutes ago, redwood1 said:

No ones going to negotiate a new lease at a new location now any ways,a landlord would be a fool to do this..

I think this issue is something we are going to see more of in the near future. 

 

In the past, wealthy Thai landlords could afford to have their commercial properties vacant for some time, whilst holding out for the next dreamer to start up a lease that was designed to fail from the outset.  Those dreamers were decreasing in numbers, rapidly, along with the shrinking western tourism market.

 

Do Thai landlords negotiate, or do Thai landlords evict?  Do Thai landlords try to retain their current tenant, or possibly see them move to another property where the rent is more favorable?  

 

Some tenants may stay put, regardless.  Some tenants will just hand back the keys.  Some tenants will seek a better deal out of necessity and / or good business practice. 

 

Some of our favorite bars and restaurants may still be operating after the virus crisis has passed, albeit, some may be at a different location. 

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9 hours ago, Leaver said:

I think this issue is something we are going to see more of in the near future. 

 

In the past, wealthy Thai landlords could afford to have their commercial properties vacant for some time, whilst holding out for the next dreamer to start up a lease that was designed to fail from the outset.  Those dreamers were decreasing in numbers, rapidly, along with the shrinking western tourism market.

 

Do Thai landlords negotiate, or do Thai landlords evict?  Do Thai landlords try to retain their current tenant, or possibly see them move to another property where the rent is more favorable?  

 

Some tenants may stay put, regardless.  Some tenants will just hand back the keys.  Some tenants will seek a better deal out of necessity and / or good business practice. 

 

Some of our favorite bars and restaurants may still be operating after the virus crisis has passed, albeit, some may be at a different location. 

Well, thanks for that post about thai landlords, there's absolutely no point to this post.

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1 hour ago, redwood1 said:

Well if they want to revive the malls they ABSOLUTELY MUST SCRAP the need for the QR code and the temp gun in ALL RESTAURANTS AND SHOPS...

That's not the dealbreaker it's the social distancing in restaurants and no alcohol. Might as well do takeaways until Corona blows over

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52 minutes ago, scubascuba3 said:

That's not the dealbreaker it's the social distancing in restaurants and no alcohol. Might as well do takeaways until Corona blows over

Been for lunch a couple of times at Bake 'n Brew. Divisions between tables but not at tables. Apart from staff wearing masks, all pretty normal really. As I don't drink during the day, enjoyed my lunch as much as always.

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