Prime Restaurant Space, Old Town, Urgent Sale (negotiable)

QUICK SALE - NEGOTIABLE -

Location: Heart of Phuket Town, Old Quarter — steps from Walking Street and the historic Sino-Portuguese heritage district, on one of the main streets of the old city.

Sale Structure:

• Full business transfer — company, all assets, and operational licenses included
• Licenses: Restaurant license + full alcohol license (fully transferable)
• Monthly rent post-transfer: THB 89,000
• Lease structure: 9 years (3 x 3)

The Space — Overview

Total built area: approx. 300 sqm across two levels, within a beautifully preserved Sino-Portuguese shophouse.

The building retains original features including traditional cement tile flooring and exposed ceiling beams — character that cannot be replicated in a new build.

Ground Floor — Fully Operational (~150 sqm) Currently set up as a functioning restaurant and craft cocktail bar with a capacity of approximately 50 covers.

• Kitchen: Fully equipped commercial kitchen — burners, grill, fryers, refrigeration, freezer, dishwashing station, dry storage. Move-in ready.
• Bar: Fully stocked craft cocktail and mixology bar — three double under-counter fridges, full spirits selection, all mixology equipment and accessories in place.
• Interior courtyard: Charming open interior patio with overhead opening, bringing natural light into the heart of the space.

Upper Floor — Development Potential (~150 sqm, shell) An entirely open, unconverted upper-floor space of approximately 150 sqm — a rare blank canvas offering significant upside:

• Second dining room or event space
• Independent sub-lease to a complementary operator (bar, lounge, studio)
• Private dining, pop-ups, or accommodation conversion (subject to landlord consent)

Why This Opportunity Stands Out

• Irreplaceable location — prime Old Town, high foot traffic, strong tourist and expat density
• Fully licensed and operational from day one — restaurant and alcohol licenses included in the transfer, no waiting period, no regulatory risk
• Architectural character — original heritage features intact, not a generic shophouse conversion
• Scale and flexibility — rare combination of an operational ground floor and a fully open upper floor under a single lease
• Competitive rent — THB 89,000/month for 300 sqm in this location represents strong value for the right operator

Ideal For A restaurateur, hospitality group, or investor seeking a fully licensed, turnkey operation with significant room to scale — whether through a rebranded single concept or a multi-use, multi-revenue model.