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Sunbelt Asia

Phuket Hotel Resort And Restaurant For Sale

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This gorgeous boutique hotel is traditionally decorated in a classic Thai style with 12 double rooms, 11 of those have their own balcony with large seating areas for guests to enjoy. Located minutes from the beach and in the heart of the trendy, modern part of Kata on Phuket, each of the beautifully appointed rooms has one year old air conditioning units and bathroom, with most of the rooms large enough for extra guests if needed.

The company owns the land the hotel is on, making this a great value for someone looking to get into business in this popular part of Phuket. This small boutique hotel would be an ideal family run business. There is a large jacuzzi and sauna, a restaurant seating 40 that overlooks a small, tropical garden and a small bar in the restaurant. Additionally, there is a well appointed kitchen and storage area.

The business can include the company which wholly owns the hotel and land or it can be sold without the company. The land totals 97.4 sq wah, while the 3 storey building encompasses 613 sqm and is in very good condition.

The current manager will be available to help the new owner with both expertise and local contacts for a period of time so that the new owner can learn the ropes and adjust to the new business.

The owners are located overseas and so have left the running of the business to a local manager but feel that with the right owner and better marketing the business would see substantial growth as it is in a great location on Kata.

A professional valuation of the business and property was done by the ISO 9001 -2000 Certified Agency for Real Estate Affairs. The detailed valuation from this independent and highly respected agency, which valued the business at 26.7 million baht, will be available to serious buyers who sign confidentiality agreements.

ASKING PRICE: 25 million Baht



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