5 Bedrooms Villa For Rent - Tonle Bassac, Phnom Penh | IPS Code 7994
A wonderful opportunity to take over the ownership of a 7-room bed and breakfast in the popular Wat Bo area. The hotel is a 1950's colonial-style building on 2 floors, surrounded by tropical gardens, with 2 swimming pools. The 2 buildings are set on 2,500m2 of grounds in the centre of Siem Reap.
The hotel has 7 guest rooms, all with en-suite bathrooms, consisting of the following room types
– 2 Standard Rooms
– 2 Deluxe Rooms
– 1 Loft Suite
– 1 Garden Suite
– 1 Villa Suite
The large front garden is planted with mature trees and potted plants and includes a covered bar area and a covered dining area with fans. This building is perfect for a live-in manager who wants to earn a reliable income.
This property has the following facilities:
– 2 swimming pools.
– City water supply and well water
– Two separate buildings set in a tropical garden and organized around a central swimming pool.
– Separate electricity meter.
– Outside pool shower
– 1 x well + small generator
– 2 covered outdoor dining areas
– Laundry room
– Office space
– Tropical gardens with mature trees and plants
– Lease until June 2019 with six-year optional extension
– 6 staff (Housekeeper, Gardener, Morning Shift, Split Shift, Transport, Security Guard)
– Winner of multiple awards and rates 9.5 on booking.com
The existing business owner is selling the business, rental contract, and goodwill for $98,000 (price negotiable)
The current lease runs until June 2019, with an option to extend and negotiate the lease for minimum six more years. The monthly rental is $2,450/month.