6705012 Seafront Closed Restaurant and Bar for Sale in Koh Phangan, Thailand
Posted October 3, 2019 at 1:12 pm by Asian Business Brokers

6705012 Seafront Closed Restaurant and Bar for Sale in Koh Phangan, Thailand

Seafront Closed Restaurant and Bar Koh Phangan

Listing No. 066-67-05-012

  • Business:  Restaurant
  • Location:  Koh Phangan, Thailand

Features:  This restaurant is perfectly located on a 19 meters beachfront in Baan Tai, Koh Phangan and has closed in June 2019.  The owner has invested over 2 Million Baht to renovate the land.  The property is only occupying 300m2 of 2,400m2, leaving plenty of additional land to potentially build 4-5 rental houses, expand the restaurant/bar or develop an entertainment area.  Currently, the site comprises of 1 large cocktail bar, fully equipped kitchen, large storage room, 2 x Staff accommodations, 2 x external toilets and showers.  There was seating to accommodate 60 diners. This business also used to provide a delivery service.  All furniture and equipment are available for a new owner to operate as a restaurant immediately.  The owner set up the restaurant and bar to provide a new business venture for her son. He has recently made the decision to get married and will be moving to Bangkok leaving the owner now making plans for a well-deserved retirement.  This is now bargain-priced to own your beachfront restaurant!

  • Tenure:  Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease)
  • Asking Price:  THB 750,000
  • More Information:  Please contact us for more information (we require your name, phone number and e-mail address)