Hotel Business for Long-Term Lease @ Phuket Town

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Hotel Business for Long-Term Lease @ Phuket Town

Location: 2/20 Wirat Hong Yok Road, Talat Nuea Sub-district, Mueang District, Phuket

Legal Status: Holds a valid and active Hotel Business License.

Property Overview & Infrastructure

1. Main Hotel Building (4 Stories, 46 Rooms)

• 1st Floor: Reception area, Lobby, and 10 guest rooms.
• 2nd Floor: 12 guest rooms.
• 3rd Floor: 12 guest rooms.
• 4th Floor: 12 guest rooms.

2. Staff & Utility Building

• A single-story building (6m x 20m = 120 sqm.).
• Currently utilized as staff quarters and a laundry facility.
• Equipment included: 1 industrial washing machine and 1 industrial dryer (both fully installed and in working condition).

3. Land & Accessibility

• Total Land Area: 1,378 sqm. (0-3-44.5 Rai).
• Access: Highly accessible, located just 20 meters from the main Wirat Hong Yok Road, with a 34.46-meter frontage adjacent to a public road.

4. Parking Facilities

• On-Site: Concrete parking area within the hotel grounds accommodating 8–10 cars.
• Overflow Parking: An adjacent concrete lot (owned by the same landlord) is available for high-volume days. Currently shared by hotel guests and residents of the front commercial buildings, this space can accommodate an additional 30–40 cars.

Room Specifications

• Dimensions: 4 meters (W) x 7.7 meters (L).
• Total Area: 30.8 sq.m. per room (including en-suite bathroom and private balcony).
• Corridors: Spacious 2-meter-wide walkways on every floor.
• Room Inclusions:
• Built-in Solid Wood Furniture: Bed, wardrobe, nightstand, table and chair, TV cabinet, low shelving unit, and mirror.
• Electrical Appliances: Air conditioner, television, refrigerator, and lighting fixtures.
• Sanitary Ware: Flush toilet, bidet spray, water heater, showerhead, and washbasin.

Important Note: Some existing furniture, sanitary ware, and electrical appliances are in older condition. The prospective lessee will need to plan for renovations or replacements to upgrade the standard and increase the room value.

Lease Terms & Conditions

Financial Details

• Lease Duration: 15-year long-term contract.
• Monthly Rent: 250,000 THB.
• Advance Rent: 250,000 THB (equivalent to 1 month's rent, payable prior to moving in).
• Security Deposit: 1,000,000 THB (fully refundable at the end of the contract term).
• Key Money: 1,500,000 THB (one-time, non-refundable payment required upon signing/entry).

Operational Obligations & Utilities

• Elevator Installation: The lessee is strictly required to install one passenger elevator at their own expense (this is a mandatory clause in the lease agreement).
• Electricity: Charged at the standard direct rate of the Provincial Electricity Authority (PEA).
• Water Systems: The property operates on a dual-water system:
• Primary: Groundwater (deep well).
• Backup: Municipal water supply.
• Water Utility Fees:
• Flat-rate groundwater usage fee: 5,000 THB / month.
• Mandatory government water quality testing fee: 3,000 THB / month.

Investment Inquiries & Contact Information

Interested in this investment opportunity? Send us a direct message to discuss further details, request additional information, or arrange a property viewing.

• WhatsApp: +66 62 329 5687
• Phone: 062 329 5687
• Email: onenessworkgroup@gmail.com