Pascal Plamondon

Large Venue Sports Bar/Restaurant for Sale, low rent, long renewable lease, 7 years, renewable for 10 additional years

Large Sports Bar

Located at No.12 Sok San Road, Siem Reap - 20 meters from Main Road Sivatha - busy restaurant location!

-Asking Price - $175,000.00 - Negotiable

-Monthly Rent: $2500/month - fix for 7 remaining years!

-Fully furnished and equipped 120 seat sports bar/restaurant

-470 sqm space on 2 floors

-Walkin rooftop for satellite dishes

Vendor Finance: No

Payment Method: Cash, Cashier's Cheque or Bank Transfer

Rental Agreement: June 2016 to June 2026

Selling without the "SCORE" Brand name!

*Features*

Established Business/Clientele

Night-Time Entertainment Area

High Foot Traffic

Main Road Location

Recently Built

Owner/Manager Accommodation

Manager's Office

Full Working Kitchen

Storage Room/s

IT Room - HD TVs - Projectors

CCTV

Licenses:

The following licenses are included:

-Food

-Alcohol

-Registered with Siem Reap tax department

Average Monthly Electricity:

$ 850/mo

Average Monthly Water:

$ 75/mo

Property Details - (Brief)

Tenure:

Business Sale 7 years with option to renew (Rolling Lease).

Rent:

$ 2,700.00 per month, including use of generator. Payable monthly in advance

Security Deposit: included in the selling price (goes to the new owner)

$ 15,000

Connected Utilities:

-Power

-Shared Huge Generator

-Water

-Cable TV

-Internet

TVs:

-13 HD TVs

-3 Projectors and projection screen

Internet:

-Connected at the cost of $ 100 per month, payable yearly. Wifi Enabled.

Price Negotiable:

-Yes, near offers will be considered

Premises & Location Description - (detailed)

This is a leased property in a prime location, in center of Town, on main road with excellent exposure - This is the only dedicated sports bar in Siem Reap, is located in a very good location few meters from Pub Street. it is a large space Sports Bar fitted with IT room, full bar and working full kitchen, furnished terrace. It includes large terrace, a large area without columns at the central area near the main bar, a pool room with 4, 9 foot commercial pool tables, a full working kitchen, 3 bathrooms, all furnishings included, tables, chairs, stools, electronic equipment

many TVs and projectors and video switching equipment etc...

The upstairs mezzanine include a bar, couches, chairs, stools and tables, projector and big screen. 1 unisex toilet, 2 bedrooms, 1 store room and 1 IT room.

A full list of equipment is available upon request.

Rent & Financials

This location has 7 years remaining lease left and easily renewable for an additional 10 years. Monthly rent is $2,500.00 fix for the duration of the lease.

Upon renewing the rent, negotiation will take place. For 600 sqm, this location is one of the best rental space in the area.

Premises - Size of Area

Main Area

10 x 40 downstairs including front terrace - 400 sqm

Mezzanine (Upstairs)

10 x 7 upstairs mezzanine (excluding bedrooms, IT and storage rooms) add an extra 30sqm of space - 70sqm

Terrace

10 x 4 40sqm

Total - 470 sqm of floor spaces - plus storage

Reason for Selling

Owner going to work in Canada

Revenue

Under - $100,000.00 ($100k)

Cash - Flow $100k to $250k

-Contact -

092 853-336 (Khmer) - 012 896-135 (English)