PRIME CORNER LOCATION - RESTAURANT - STREET 172/51 - FOR SALE

Phnom Penh Phnom Penh

Reference No.01194

$75,000

Property Description

SEAPS is proud to present.....

This is an amazing opportunity to obtain a 110 sqm restaurant in the heart of the entertainment area.

This extremely popular restaurant is available providing 62 covers and offers excellent Mediterranean food and beverages in an open plan setting and has been successfully operated since 2016, the owner is selling as he wishes to return to his homeland.

The property was taken on a 6 year lease with 4.6 months remaining, the rent is $1,407 pm and the security deposit is $4,500, the final two years of the lease the rent amount will increase by 10%.

The restaurant is in Sorya Mall and therefore, no business licence is necessary as it is under Sorya Mall management company.

The restaurant is being offered for $75,000 negotiable which includes all staff, fixture and fittings, including the stock, which amounts to $4,500 on any given month. NB. The security deposit is not included in the asking price. The owner is willing to assist a new buyer, show financials, as they use a POS system.

If you are looking for a large open plan restaurant with plenty of footfall, in the middle of the entertainment area with the opportunity to open 24 hours and no business licence needed, then book a viewing today!

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Property Details

  • Reference No:01194
  • Price:$75,000

Condition

  • 0 Beds
  • 110 SqM

Property Location

Features

  • Wifi
  • Video security

Contact Agent

Naim KHAN-TURK

Senior Sales Consultant