Commercial - Restaurant for lease.
Commercial - Restaurant for lease. The restaurant is in good working shape and is working, very nice and profitable restaurant in Pattaya. Fully newly
equipped composed by a large hall in air condition finely furnished, an open
bar-cocktail zone under roof, a pool side “al fresco” with traditional wood
fire oven for Pizzeria, and a large parking area. Total of 70 seats that can
be increase until 100. Actually the restaurant is working with resident and
foreigner and Thai company employers and not just only tourists assuring
profit all year round. It is also located under a 45 room hotel that assures
daily room service and direct clientele. Included is a registered company
with one work permit for Chef-Manager (one more work permit available).
Rent contract is for 6 year removable with a legal increase of just 10%, NO KEY MONEY. Rent is one of the lowest for the local restaurants, at just 28,000
THB monthly and the current year 2010-2011 it is already fully paid until
Feb 2011. It is included a nice furnished apartment of 65 sq mt at first
floor that can be easily rented out at not less than 10-12,000 THB monthly.
Amount of sale in the year 2009 was of over 7.3 million Baht.