Kampot | 12 Room Guesthouse for Sale By the Riverside | $102,000

If you are looking for a business to buy in Cambodia, you've come to the right place! This is a section where owners can post their businesses for sale and where others in the community can ask questions about starting a business here. Foreigners can own 100% of a business here in Cambodia, and it's a pretty simple process to buy or sell, whether it's a bar, restaurant, hotel, or anything else. Have questions about what paperwork is needed for your company? Ask away. Curious if the expat bar on Street 136 selling for $100,000 is a good deal? Start a discussion on CEO and we'll let you know what we think.
ArttuK
Tourist
Posts: 13
Joined: Mon Mar 20, 2017 11:43 am
Reputation: 5
Cambodia

Re: Kampot | 12 Room Guesthouse for Sale By the Riverside | $102,000

Post by ArttuK »

NO rent/month??
There is a monthly rent to the landlord, but it's not public forum information. Please contact the agency that is handling the sale for more information. :)

He is selling a business, which includes everything owned by the business. Land is not owned by the seller.
Rama
Expatriate
Posts: 578
Joined: Sat May 24, 2014 1:31 pm
Reputation: 60

Re: Kampot | 12 Room Guesthouse for Sale By the Riverside | $102,000

Post by Rama »

This place been advertised for sale on Khmer news sites for 350,000 https://goo.gl/blx2pE
Not water front, not as nice as the OPs.
ArttuK
Tourist
Posts: 13
Joined: Mon Mar 20, 2017 11:43 am
Reputation: 5
Cambodia

Re: Kampot | 12 Room Guesthouse for Sale By the Riverside | $102,000

Post by ArttuK »

Bump. Still available. Owner told that the price is negotiable.
User avatar
beaker
Expatriate
Posts: 1143
Joined: Fri May 30, 2014 8:45 am
Reputation: 202
Location: Ta Khmao
Cambodia

Re: Kampot | 12 Room Guesthouse for Sale By the Riverside | $102,000

Post by beaker »

ArttuK wrote: Mon Mar 20, 2017 4:52 pm
phuketrichard wrote: Mon Mar 20, 2017 4:16 pm land freehold or rented??
what exactly do u get for $102,000?
Land Rented. Lease till 2026 and renewable before existing one expires. Lease stamped in court.

All bar and restaurant items, room furnishings, equipment and pool table belongs to new owner.
Only one 42” Sony TV and 3 wardrobes (personal use) not included in business sale.


All the leases I have known the leaser is under no obligation to allow anyone else the same deal or even let the current leasee off the hook for the balance of the money due.
"i'm the one who has to die, when it's time for me to die, so let me live my life the way i want to"
jimi hendrix
ArttuK
Tourist
Posts: 13
Joined: Mon Mar 20, 2017 11:43 am
Reputation: 5
Cambodia

Re: Kampot | 12 Room Guesthouse for Sale By the Riverside | $102,000

Post by ArttuK »

beaker wrote: Fri Apr 28, 2017 4:58 pm All the leases I have known the leaser is under no obligation to allow anyone else the same deal or even let the current leasee off the hook for the balance of the money due.
but it's a very common practice here to pass the lease to the next one with the land owners consent.
User avatar
beaker
Expatriate
Posts: 1143
Joined: Fri May 30, 2014 8:45 am
Reputation: 202
Location: Ta Khmao
Cambodia

Re: Kampot | 12 Room Guesthouse for Sale By the Riverside | $102,000

Post by beaker »

Yes with their consent which can mean the rent goes up, length not the same anything could happen they would be holding all the cards they could take everything as the previous owner is reneging on the lease.
What would you do if someone promised you an income on your land for 10 years and then tries to back out. By law the leaser still owes the money even if the business fails.
"i'm the one who has to die, when it's time for me to die, so let me live my life the way i want to"
jimi hendrix
ArttuK
Tourist
Posts: 13
Joined: Mon Mar 20, 2017 11:43 am
Reputation: 5
Cambodia

Re: Kampot | 12 Room Guesthouse for Sale By the Riverside | $102,000

Post by ArttuK »

Price dropped to $96,000 ONO
ArttuK
Tourist
Posts: 13
Joined: Mon Mar 20, 2017 11:43 am
Reputation: 5
Cambodia

Re: Kampot | 12 Room Guesthouse for Sale By the Riverside | $102,000

Post by ArttuK »

beaker wrote: Fri Apr 28, 2017 5:58 pm Yes with their consent which can mean the rent goes up, length not the same anything could happen they would be holding all the cards they could take everything as the previous owner is reneging on the lease.
What would you do if someone promised you an income on your land for 10 years and then tries to back out. By law the leaser still owes the money even if the business fails.
I asked for a copy of the lease. The lease is not tied to 1 person. It states very clearly, that current leaser is allowed to sell the business and pass the lease without affecting its length or terms.
jayblues
Expatriate
Posts: 80
Joined: Tue May 23, 2017 9:39 am
Reputation: 18

Re: Kampot | 12 Room Guesthouse for Sale By the Riverside | $102,000

Post by jayblues »

This place looks very nice. I would consider staying there if I went back to Kampot. Last time I was in Kampot it was not there yet.
It looks to be near the disco, what about noise from the disco? Could be an issue.
PhnomRon
Expatriate
Posts: 228
Joined: Sun Jun 01, 2014 1:22 am
Reputation: 42

Re: Kampot | 12 Room Guesthouse for Sale By the Riverside | $102,000

Post by PhnomRon »

ArttuK wrote: Mon Jun 19, 2017 1:48 pm Price dropped to $96,000 ONO
I'm not paying $96,000 unless I get that 42" Sony TV.
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: No registered users and 64 guests