Traditional Japanese style hotel
Great investment
¥25.000.000
18 rooms. 2 are western style with double beds the other 16 are traditional Japanese tatami rooms. All rooms are very clean and require minimal work. The japanese rooms vary in style from regular style rooms to larger rooms and higher end rooms. Most rooms have their own toilet and some rooms also have their own shower/bath.
There is a large tatami (enkai) party room that served as a dining area for large parties and also for serving dinner to guests at the hotel each evening.
There is a bar/karaoke area with its own entrance/exit to the hotel. A conference room that was also used for serving breakfast and dinner. A beautiful traditional style small restaurant area on the first floor. Large kitchen with elevator on the first floor and smaller kitchens on each floor.
The hotel also has an elevator for guest use. House area in the basement with four rooms where the family could live. Also two other smaller rooms in the basement that could be used for staff. Two large onsen on the first floor. These could be filled with either onsen water or regular water heated by the boiler.
The hotel was built and run by a local family who are still in the local area. They can tell you about every detail you wish to know and also about the general running of the hotel.
Property Features
Price: ¥Price on Inquiry
Land Area: 1605m2
Building Area: N/A
Location: Taguchi, Myoko, Niigata, Japan
Date of construction: newly built in January 1981
Footprint allowance: 20%
Floorspace ratio allowance: 60%
Number of rooms: 18
Number of bathrooms:
Gas: City
Drinking Water: Town Water
Sewage: Sewage
Other Remarks
It hasn’t operated for a few years and needs some repair work on the outside walls. The boiler would probably also need some repair work I think.
As a newer built hotel its a solid steel structure that is well laid out and won’t require much work with inside renovations.
The inside of the hotel is very clean and needs minimal work. The kitchen is fitted with new ovens, dishwasher and other appliances, all ready for use.
Leased Land
The hotel is on leased land which is fairly common in Japan. If this concept is a stumbling block for you please feel free to get in touch to talk about it as it isn't a major issue. The land requires a deposit of 2.4million yen (maybe negotiable). This is returned should you ever sell the property. There is then a monthly fee of 41,000 yen.
Onsen Rights
The hotel comes with 5 onsen pipes. You can operate the onsen with 3 pipes and heat the water with the boiler. You can also choose to not use the onsen pipes at all and just use regular heated water in the baths.
Onsen Cost
For 5 pipes there is a negotiable one time payment of 8.2 million yen. There is then a monthly fee of 93,000 yen. For 3 pipes the cost would be 4.95 million as a one off payment and 56,000 per month. These costs may be negotiable.
No Onsen
You can also negate all these costs by opting to not use the onsen pipes. The baths can be filled with regular water and heated by the boiler.
Future possibilities
The hotel was operated year round in past and catered to both domestic and foreign guests. As the owner of the property you could either opt for a winter only operation or a year round open operation and also cater to Japanese customers.
If you need a manager for the property then the original owners are more than willing to help.
Gallery
Real Estate Representative
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