Commercial property for sale in Pattaya, Thailand: 1 bedroom, 200 sq.m., № 86699

Property description

Premier Agogo Bar for Sale in Pattaya's Iconic Walking Street

Seize the opportunity to own a thriving entertainment venue in the heart of Pattaya's famed Walking Street. This well-established Agogo bar is now available for acquisition, offering an exceptional business prospect for the discerning investor or entrepreneur.

Property Highlights:
- Strategic Location: Nestled in the vibrant Walking Street, this 3-story building places you at the epicenter of Pattaya's nightlife, promising high foot traffic and visibility.
- Turnkey Operation: Recently renovated, the venue boasts modern interiors and a fully equipped setup. Step in and start generating income from day one with a business primed for success.
- Spacious Layout: Spread over three floors, the property offers ample space for guests, featuring a main performance area, private VIP rooms, and comfortable seating arrangements.

Investment Details:
- Sale Price: Just for the business is 6 million baht, a competitive price for a business of this caliber in such a sought-after location.

- Lease Terms: Attractive rental agreement at 120,000 baht per month, with a 2-month deposit and one month's rent in advance, ensuring a smooth transition and stable tenancy.
- Key Money: 2.2 million baht every 3 years, a standard practice in the area, reflecting the property's prime positioning and potential for high returns.

Why Choose This Agogo Bar:
- mmediate Profitability: With all the hard work already done, this is a rare chance to take over a profitable venture and reap the rewards from the get-go.
- Unbeatable Location: Walking Street is synonymous with nightlife and entertainment, drawing a constant stream of locals and tourists alike.

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Parameters	Pattaya
Rent Per Month
Apartment (1 bedroom) in City Centre	฿ 18 525.45
Apartment (1 bedroom) Outside of Centre	฿ 11 585.92
Apartment (3 bedrooms) in City Centre	฿ 45 833.33
Apartment (3 bedrooms) Outside of Centre	฿ 22 972.69
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	฿ 83 285.71
Price per Square Meter to Buy Apartment Outside of Centre	฿ 56 000.00

Parameters	Pattaya
Crime Index	45.84
Cost of Living and Rent Index	25.45
Purchasing Power Index	35.26
Property Price to Income Ratio	23.14
Safety Index	54.16
Traffic CO₂ Index	4711.22
Traffic Inefficiency Index	101.03
Rent Index	14.54
Health Care Index	74.58
Groceries Index	42.03
Pollution Index	86.95
Traffic Commute Time Index	22.39
Restaurant Price Index	24.58
Climate Index	74.96
Cost of Living Index	33.94
Quality of Life Index	100.31
Traffic Index	105.81

Parameters	Pattaya
Restaurants
Meal, Inexpensive Restaurant	฿ 110.00
Meal for 2 People, Mid-range Restaurant, Three-course	฿ 1 000.00
McMeal at McDonalds (or Equivalent Combo Meal)	฿ 299.50
Domestic Beer (0.5 liter draught)	฿ 80.00
Imported Beer (0.33 liter bottle)	฿ 82.50
Coke/Pepsi (0.33 liter bottle)	฿ 30.42
Water (0.33 liter bottle)	฿ 12.24
Cappuccino (regular)	฿ 73.10
Markets
Milk (regular), (1 liter)	฿ 55.20
Loaf of Fresh White Bread (500g)	฿ 44.42
Eggs (regular) (12)	฿ 76.52
Local Cheese (1kg)	฿ 507.50
Water (1.5 liter bottle)	฿ 19.05
Bottle of Wine (Mid-Range)	฿ 600.00
Domestic Beer (0.5 liter bottle)	฿ 58.10
Imported Beer (0.33 liter bottle)	฿ 74.44
Cigarettes 20 Pack (Marlboro)	฿ 150.00
Apples (1kg)	฿ 108.33
Chicken Fillets (1kg)	฿ 98.71
Oranges (1kg)	฿ 62.50
Potato (1kg)	฿ 48.92
Lettuce (1 head)	฿ 46.25
Rice (white), (1kg)	฿ 41.78
Tomato (1kg)	฿ 46.20
Banana (1kg)	฿ 45.56
Onion (1kg)	฿ 37.38
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	฿ 365.16
Transportation
One-way Ticket (Local Transport)	฿ 10.00
Monthly Pass (Regular Price)	฿ 600.00
Gasoline (1 liter)	฿ 42.11
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	฿ 850 000.00
Taxi Start (Normal Tariff)	฿ 45.00
Taxi 1km (Normal Tariff)	฿ 45.00
Taxi 1hour Waiting (Normal Tariff)	฿ 110.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	฿ 879 000.00
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	฿ 2 744.37
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	฿ 598.48
	฿ 451.35
Salaries And Financing
Average Monthly Net Salary (After Tax)	฿ 15 047.83
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.67
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	฿ 1 488.89
Tennis Court Rent (1 Hour on Weekend)	฿ 551.33
Cinema, International Release, 1 Seat	฿ 250.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	฿ 973.33
1 Summer Dress in a Chain Store (Zara, H&M, ...)	฿ 640.00
1 Pair of Nike Running Shoes (Mid-Range)	฿ 3 155.56
1 Pair of Men Leather Business Shoes	฿ 1 425.00
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	฿ 9 500.00
International Primary School, Yearly for 1 Child	฿ 300 000.00

Commercial property in Pattaya, Thailand 200 sq.m. № 86699

Property description

Features