Seafront Closed Restaurant and Bar Koh Phangan
Listing No. 066-67-05-012
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!