Chil-AXN hostel, Victory Hill,Sihanoukville: $400,000
Posted: Mon Jun 02, 2014 2:48 am
I have no comment, as I've never seen the place.
Sihanoukville - Guesthouse/Hostel, restaurant & bar business/lease - with the best ocean & island views - For Sale, Lease or Sub-lease
Take over the what remains of the current 5 + 5 year lease (2 1/2 + 5 year) of empty building no furniture or equipment, but you will own the roof, $800 per month increasing to $960 per month for the next 5 years. $15,000
or $18,000 + 12 month refundable deposit, will buy a 3 year sub lease @ $1200 per month with an option for 3 years more @ $1500 per month. (assets/equipment, furniture, fixtures and fittings remain the property of the leasor)
20 Rooms (7 air-conditioned, not really needed with sea breezes) 70 beds, many rooms suitable for groups and families of up to 8. Small above ground pool, currently Sihanoukville's only rooftop pool. 60+ seat restaurant.
or $55,000 buys you an 7 1/2 year (2 1/2 + 5) lease at a lower monthly rate and included assets/equipment, furniture, fixtures and fittings?
or $350,000 will buy the land, building, furniture, fitting and equipment
or I'll consider working investor/partner/manager with investment of $30,000.
Got another idea, you'd like to run by me? Come take a look at what's on offer and we'll talk.