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Located close to a condominium block in South Pattaya, this two year old Internet Cafe has been constructed and furnished to high class standards. With 24 seats, 16 of which are available for computer usage, and a further eight seats externally positioned, the cafe contains assets that cost 3,500,000 baht at the commencement of trade. Investors are alerted to the fact that this is a freehold offering, and the new owner will acquire a three storey shop house valued at 5,000,000 baht, sitting on land measuring 33 square wah (132 square metres) that is worth 4,800,000 baht, for an asking price of 10,200,000 baht. This is due to the health concerns of the owner, and the fact that he is yet to realise any returns on his investment; he has spent a lot of time and money to keep the building and business in good condition, but must now step away to take care of his health issues. Even though no net profits have been accrued, the business is realising annual receipts of 1,200,000 baht, so an investor would have a base to build upon. Located between Second and Third Roads, the building has the internet cafe on the ground floor, with a kitchen, bathroom and storeroom; above this is an office, plus a bedroom and bathroom, while the top floor has three rooms, a small kitchen and another bathroom. There is also a rooftop terrace to utilise.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.