Commercial property in Hua Hin, Thailand 220 sq.m. № 69728

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Commercial property in Hua Hin, Thailand 220 sq.m. № 69728
ID69728 ฿ 3 900 000
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £

Property description

*Price reduced from THB 5.5 MB to only THB 3.9 MB for a quick sale* Don't miss out on this amazing business opportunity.

Let's be honest, if this was a city center, 220 sqm condo for sale, the sale price would approximately THB 15,000,000 to THB 20,000,000+ if calculated by price per square meter. A condo would also have nowhere near the potential return on investment when compared to a successful business like this.

This is the perfect opportunity for an investor to enter the Hua Hin entertainment market.


This is the only real city center rooftop bar and lounge in Hua Hin, located in one of the most popular streets for nightlife - Soi 94.

The business is profitable, well known and has a large social media following on Facebook and Instagram.

This business can be fully taken over, with all existing furniture and assets.

With the steady increase in investment and lifestyle purchases of properties in the last 5 years, as well as the railway expansion project which will offer speedy travel between Bangkok and Hua Hin and the upcoming airport improvement projects - NOW is the time to get into the Hua Hin entertainment market.

The business has seen amazing growth in numbers in the last 4 years and continues to be one of the most popular nightlife establishments in Hua Hin.

The growth potential for this business is very positive, and with some additional capital investment in renovations, the potential for future growth increases exponentially.

Business Features:

- Inclusive of all stock, furniture and assets.
- Usage of communal mall parking areas and toilets, lifts and security.
- 3 year renewable rental term.
- Decreased rental fees during low season.
- Exclusive rooftop access.
- Inclusive of 7000+ followers on social media platforms.

Contact us for more information and business details TODAY.

***Co agents welcome.

Features

  • Terrace
  • Fully fitted kitchen
  • Furnished

Indoor facilities

  • Storage room
Hua Hin - Statistics
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ParametersHua Hin
Rent Per Month
Apartment (1 bedroom) in City Centre฿ 12 333.33
Apartment (1 bedroom) Outside of Centre฿ 8 000.00
Apartment (3 bedrooms) in City Centre฿ 22 100.00
Apartment (3 bedrooms) Outside of Centre฿ 24 500.00
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre฿ 83 571.00
Price per Square Meter to Buy Apartment Outside of Centre฿ 27 500.00
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ParametersHua Hin
Crime Index35.19
Cost of Living and Rent Index19.91
Purchasing Power Index49.97
Property Price to Income Ratio12.77
Safety Index64.81
Traffic CO₂ Index2557.50
Traffic Inefficiency Index36.42
Rent Index9.06
Health Care Index73.54
Groceries Index36.89
Pollution Index75.12
Traffic Commute Time Index19.25
Restaurant Price Index18.29
Climate Index64.06
Cost of Living Index29.85
Quality of Life Index127.71
Traffic Index80.24
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ParametersHua Hin
Restaurants
Meal, Inexpensive Restaurant฿ 125.00
Meal for 2 People, Mid-range Restaurant, Three-course฿ 900.00
McMeal at McDonalds (or Equivalent Combo Meal)฿ 200.00
Domestic Beer (0.5 liter draught)฿ 67.00
Imported Beer (0.33 liter bottle)฿ 97.50
Coke/Pepsi (0.33 liter bottle)฿ 18.51
Water (0.33 liter bottle) ฿ 14.01
Cappuccino (regular)฿ 57.50
Markets
Milk (regular), (1 liter)฿ 44.13
Loaf of Fresh White Bread (500g)฿ 60.83
Eggs (regular) (12)฿ 71.70
Local Cheese (1kg)฿ 500.00
Water (1.5 liter bottle)฿ 14.75
Bottle of Wine (Mid-Range)฿ 500.00
Domestic Beer (0.5 liter bottle)฿ 56.14
Imported Beer (0.33 liter bottle)฿ 109.00
Cigarettes 20 Pack (Marlboro)฿ 135.00
Apples (1kg)฿ 80.75
Chicken Fillets (1kg)฿ 96.80
Oranges (1kg)฿ 64.00
Potato (1kg)฿ 59.75
Lettuce (1 head)฿ 25.00
Rice (white), (1kg)฿ 36.67
Tomato (1kg)฿ 51.25
Banana (1kg)฿ 26.25
Onion (1kg)฿ 37.00
Beef Round (1kg) (or Equivalent Back Leg Red Meat)฿ 387.50
Transportation
One-way Ticket (Local Transport)฿ 15.00
Monthly Pass (Regular Price)฿ 400.00
Gasoline (1 liter)฿ 42.41
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)฿ 650 000.00
Taxi Start (Normal Tariff)฿ 35.00
Taxi 1km (Normal Tariff)฿ 25.00
Taxi 1hour Waiting (Normal Tariff)฿ 150.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)฿ 675 000.00
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment฿ 2 159.26
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)฿ 577.00
฿ 489.33
Salaries And Financing
Average Monthly Net Salary (After Tax)฿ 21 750.00
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate5.75
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult฿ 1 120.00
Tennis Court Rent (1 Hour on Weekend)฿ 183.33
Cinema, International Release, 1 Seat฿ 220.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)฿ 630.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)฿ 750.00
1 Pair of Nike Running Shoes (Mid-Range)฿ 2 000.00
1 Pair of Men Leather Business Shoes฿ 1 866.67
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child฿ 4 500.00
International Primary School, Yearly for 1 Child฿ 525 000.00
Data are provided by Numbeo.com and are based on its users survey. Thailand-real.estate can not guarantee the validity of these data.
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CityHua Hin
TypeCommercial property
Living space220 m²
  • sq. ft
Completion dateIV quarter, 2013
Price
  • Price
  • per m²
฿ 3 900 000
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £
Seller
Stonehead Real Estate