0123622 Rent Free - Central Bangkok Cafe and Bar for Sale

Rent Free - Central Bangkok Cafe and Bar for Sale

Listing No. 066-01-23-622

• Business:  Cafe and Bar
• Location:  Central Sukhumvit, Thailand

·        Features:  Serious and terminal illness has forced the owner to abandon this operational café and bar project mid-development and offer it for sale.  The project is based in a single shop-house with four floors and a roof terrace, in a busy central Sukhumvit location. 

The ground floor is fully fitted out as a coffee shop and bar to a very high standard, there is a brisk daytime trade, but the evening business could be further enhanced.  The male and female toilets are on this level, along with a café/bar service area, customer seating and a rear-access door.

Although work has begun on the three upper floors, they are yet to be fully developed and consist of an office on the top floor (third floor), staff and storage space below on the second floor, with some potential for a covered outdoor beer garden. 

The primary development opportunity is on the first floor (the second level) where the owner had plans for a fully fitted kitchen and cocktail bar.  A more intimate space than the coffee bar below is envisaged with a focus on the evening trade.  The staircase to this level is complete and sited prominently to invite customers to this area.

The plan was for the kitchen to operate all day improving the food offering to the café below, as well as offering staff efficiencies.  The seating area for about 30 people (on the ground level alone) is considered sufficient for the café trade during the day, but would also provide overflow seating capacity during the evenings for the cocktail bar above where a  much more intimate vibe could be created.

All floors have new air conditioning and primary electrical circuitry in ceiling level wireways.  The first floor has three phase power for the projected kitchen.

For the purchaser this represents a highly cost-effective opportunity to fully realize the sites potential.  S/he will benefit from the (approx.) 7m THB already spent on the project at a hugely discounted price and the opportunity to develop their own vision for the unfinished floors as they see fit. To assist with the sale, the Landlord is offering FREE RENT till 31 Dec 2023.

The owner has indicated that he will accept a reasonable offer as his treatment is both time consuming and costly.

• Tenure:  Business for Sale (Leased Premises).  Lease is a standard 3-year renewable lease
• Asking Price:  THB 1,900,000
• More Information:  Please provide your name, phone number (with country code) and email address so we can contact you to assist