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Old 11-01-2008, 16:19
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Crustasian Crustasian is offline
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Join Date: Sep 2005
Location: Patong Beach
Age: 50
Posts: 3,230
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Quote:
Originally Posted by Nicke View Post
Lol, I sent a SMS to the number listed asked how much the rent was but havent got any reply. (There is a sign outside, "for rent")

It could be remade to a great place I believe, as long the rent is OK/acceptable.

Its a golden location in any case!!

This place is the kiss of death for investment.It got slagged rotten in the last edition of the Asia Bugle and went bust less than a month later.

It used to be the Poco Loco and that became Chicago which was a classy place.The owners of Chicago lost everything due to dodgy lease.Then came VIP Asia with a bunch of unknown investors.Anton was running things quite well but for some unexplained reasons had to bale out and the place went to the dogs (literally).

It would take a lot of research and due dilligence before I would go near that place.How would you know that the lease you are getting is valid.
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