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Guesthouse with Pizza Restaurant & Bar for Sale on Koh Rong Samloem M'pai bay

For land and properties on Koh Rong and Koh Rong Samloem islands, please visit our website:
https://kohrongre.com/property/guesthou ... -mpai-bay/

Located on center of Mpai bay village, 40 meters distance to the beach and tourist ferry and supply delivery pier. One of the most popular restaurant in the village, 4 years old: Wood fired, originally made by firebrick pizza oven

Rent contract is until 30.11.2025 - 6.5 year contract (extension possible). Rent is $500 until 2021 and $600 from 2021 to end of the contract. 1 year deposit.

2 buildings included:

1st building: 8m x 12m (96 m²x2), two floor. First floor is a pizza restaurant & bar: includes stone pizza oven:

Second floor is a GUESTHOUSE: 6 rooms, 1 balcony, 3 bunk beds 8 wooden beds.

2nd building: 5m x 12m (using area) kitchen, storage and toilets. guest house is built from wood, can be used as a 24-26 ppl dormitory. 1 management office and storage.

Restaurant & bar (renovated) restaurant sitting capacity is 45-50, can have more chairs and tables, there is empty area.
Ashlar based floor brickwork columns 2 side decorated by woods 1 originally made by firebrick pizza oven 3 wooden-metal tables. 6 person capacity 6 wooden-metal tables. 2 person capacity 1 wooden-metal table for 10 person 1 desk with 8 person capacity sitting couch. Bar desk for 3 person capacity. Totally 6 big metal top fans decorated light system in restaurant bar (renovated) bar floor made on tiles.
Assets: 1 cooler 1 working desk with sink 1 professional bartender work desk with 2 bar station 3 metal shelf for bottle/glasses (connected to the wall) 1 hanging bar shelf 1 professional mixer professional stainless steel bar equipment (shakers, strainer, spoon etc.) Bar lights decorated led. Kitchen (renovated all floor and walls covered with tile. 1 big dishes area with 2 sinks 1 piece 4 step shelf 1 piece professional workbench 1 professional dough machine 1 fridge with 1 door 1 fridge with 2 doors professional kitchen equipment (pots, cutlery, cooker etc.) Originally firebrick bread oven ,area for the cool/dry storage room (doable), toilets (new) floor and walls covered with tile 2 bathrooms with shower 1 shower wash basin area 2 cesspool tanks place have connection with cesspool system water well 10000 lt water tank

Tags: Guesthouse for sale, hotel for sale, restaurant for sale, bar for sale, mpai bay, koh rong samloem, cambodia, business for sale on Koh Rong Samloem island

Basta Binici
Phone: +85593495194 (Whatsapp, Wechat, Line)
Telegram: @beyondrealty
WeChat ID: bastabasar

Hey BB, or anyone else - an unrelated question if i may..
About 10-12 years ago they changed the law regarding ownership of buildings on land when it was sold.
My recollection is that the new law stated any structures were now the property of the new land owner, and so could not be dismantled and carried away. (unless other arrangements were specifically contracted)
Is this correct?

SternAAlbifrons wrote: ↑Sat Oct 12, 2019 6:50 pm Hey BB, or anyone else - an unrelated question if i may..
About 10-12 years ago they changed the law regarding ownership of buildings on land when it was sold.
My recollection is that the new law stated any structures were now the property of the new land owner, and so could not be dismantled and carried away. (unless other arrangements were specifically contracted)
Is this correct?

You can specify what shall happen to the landed property on the contract.

basta.binici wrote: ↑Sat Oct 12, 2019 7:52 pm

SternAAlbifrons wrote: ↑Sat Oct 12, 2019 6:50 pm Hey BB, or anyone else - an unrelated question if i may..
About 10-12 years ago they changed the law regarding ownership of buildings on land when it was sold.
My recollection is that the new law stated any structures were now the property of the new land owner, and so could not be dismantled and carried away. (unless other arrangements were specifically contracted)
Is this correct?

You can specify what shall happen to the landed property on the contract.

Thanks Basta.
And if not specified, presumably it is then owned by the new land owner.

I think previously, the default position was that the old land holder could remove any structures.

SternAAlbifrons wrote: ↑Sat Oct 12, 2019 7:58 pm

basta.binici wrote: ↑Sat Oct 12, 2019 7:52 pm

SternAAlbifrons wrote: ↑Sat Oct 12, 2019 6:50 pm Hey BB, or anyone else - an unrelated question if i may..
About 10-12 years ago they changed the law regarding ownership of buildings on land when it was sold.
My recollection is that the new law stated any structures were now the property of the new land owner, and so could not be dismantled and carried away. (unless other arrangements were specifically contracted)
Is this correct?

You can specify what shall happen to the landed property on the contract.

Thanks Basta.
And if not specified, presumably it is then owned by the new land owner.

I think previously, the default position was that the old land holder could remove any structures.

The tenant can remove them before the end of the contract of land rental.

Price is: $100,000

Is the rental contract the same as sihanoukville? valid until it expires or until a chinese offers a higher rent to the landlord, whichever comes first

pczz wrote: ↑Sat Feb 01, 2020 10:20 pm Is the rental contract the same as Sihanoukville? valid until it expires or until a Chinese offers a higher rent to the landlord, whichever comes first

According to Cambodian law, the court will fine the landlord to pay you the profit of remaining years in the agreement.

basta.binici wrote: ↑Sun Feb 02, 2020 10:35 pm

pczz wrote: ↑Sat Feb 01, 2020 10:20 pm Is the rental contract the same as Sihanoukville? valid until it expires or until a Chinese offers a higher rent to the landlord, whichever comes first

According to Cambodian law, the court will fine the landlord to pay you the profit of remaining years in the agreement.

And, as everybody knows, Cambodian law is always upheld and strictly followed, especially when barang are involved...

frizzie77 wrote: ↑Sun Feb 02, 2020 10:54 pm

basta.binici wrote: ↑Sun Feb 02, 2020 10:35 pm

pczz wrote: ↑Sat Feb 01, 2020 10:20 pm Is the rental contract the same as Sihanoukville? valid until it expires or until a Chinese offers a higher rent to the landlord, whichever comes first

According to Cambodian law, the court will fine the landlord to pay you the profit of remaining years in the agreement.

And, as everybody knows, Cambodian law is always upheld and strictly followed, especially when barang are involved...

And if you are still here 2 years later when it gets to court and have paid a lawyer twice what you are trying to claim. Fact is numerous barang have been kicked out of their leases to make way for Chinese paying more money. None have ever got compensation, and non ever will. it is a waste of time trying to set up anywhere the chinese are