The city subway and Hankyu Train are both within a 10-minute walk from this property, providing easy access to downtown Kyoto as well as Osaka. There are many classy and unique restaurants in the surrounding area, making it an attractive area for oversea guests.
The property was fully renovated in 2016 and has been operated as a guesthouse for about two years. All rooms are kept clean as the daily cleaning was carefully done. In total, there are seven Japanese-style rooms that can sleep up to 19 people, four rooms face the Japanese garden so guests enjoy a leisurely stay while looking at Japanese-style scenery
※New owner needs to renew Inn business licenses before operation.
Net Yield Approx 7.77%
Estimated Annual Income 11.26mil yen*
*19 guests × 6500 yen × 365 days × Occupancy rate 50%
× Profit margin 50% ＝11,269,375yen
The property has a front counter to welcome in guests, as well as an extra room for the staff to stay overnight when necessary.
By having the staff at all times, this property clears all of the latest restrictions and rules that Kyoto city requires for running a guesthouse.
The property has over 240 square meters of floor area, and the total capacity is 19 guests with the 7 Japanese-style rooms.
Four of the rooms face the Japanese garden so guests can enjoy the Japanese style scenery indoor.
It was fully renovated about two years ago and was operated as a guest house since.
As the cleaning and management were carefully done, the entire building is kept in great condition and can be used as it is.
Shower rooms and toilets are located on the ground floor and the second floor respectively.
There are mainly shower rooms for guests from overseas, but there is also a bath tub for the guests to relax.
The Tatami room (7) on the 2nd floor facing West has its own shower and toilet.
When you enter the guesthouse, the lounge area is where staff and guests can interact freely.
As the accommodation is facing Samegai street, a road where cars can pass, guests can get to the guesthouse by taxi.
The guesthouse is within a 10-minute walk of Subway Karasuma line "Shijo" Station and Hankyu Kyoto line "Omiya" Station.
From sightseeing in Osaka, you can go from Hankyu Omiya Station to Umeda Station within *44 minutes. [*When riding the limited express train]
On the east side of the inn, there are a variety of restaurants, ranging from Yakiniku, Chinese cuisine to organic dishes.
*This property is mortgaged by the seller. It can only be sold to people with a Japanese bank account and can attend the closing meeting in person for smoother transaction which includes the discharge of the mortgage before officially handing the property to the buyer.
|Property Price||145,000,000 JPY (Approx. USD *1JPY= USD) *Jan 16, Price Changed|
|Conditions||Simple Lodges (Guesthouse)|
|Location||465 Kojincho, Samegaidori Bukkojikudaru, Shimogyo ward, Kyoto city|
|Transportation||Approx. 10 min. walk from subway Karasuma line "Shijo" station Exit 6
Approx. 8 min. walk from Hankyu Kyoto line "Omiya" station Exit 3
Approx. 8 min. walk from Keifuku Railway Arashiyama line "Shijo Omiya" station
|Land Area||[Registered] 159.50 sqm|
|Private Street Area Included||No|
|Floor Area||[Registered] 1F: 116.81 sqm 2F: 116.81 sqm Others: 15.60 sqm Total: 249.22 sqm
[Tape Measured] 1F: 125.37 sqm 2F: 116.14 sqm Total: Approx. 241.51 sqm
※Includes unregistered area
|Building Structure||Two Storey Wooden Houses|
|Building Date||August, 1962|
|Size||7 Rooms + Counter + Lounge + Linen Room + Garden|
|Renovation Date||December, 2016|
|Renovation||・All the interior electric wiring, water plumbing, gas piping were replaced.
・All the plumbing products were newly installed (kitchen, bath tub room, wash stand and toilet).
・All flooring replaced in the counter area, hall, and individual rooms.
・All tatami mats, sliding doors, and shoji papers were replaced.
・Exterior and interior wall repainted, Gardening, and etc.
|Adjoining Street||Street Width: 4.4m, Frontage: 6.2m, Direction: East (Approx. Number)|
|Public Utility||Electricity, Water Plumbing In/Out|
|Land Use District||Commercial Districts|
|Legal restriction||Quasi-Fire Prevent District, 31m Height Control Districts, Roadside Type Aesthetic Formation District, City Central Trunkline District, Distant View Presentation Zone, City Central Parking lot Development District, Outdoor Advertisement Category 5 Roadside District 2|
|Building Coverage Ratio||80%|
|Floor Area Ratio||264% (700%)|
|Land Category||Residential Land|
|City Planning Act||Urbanization Promotion Area|
|Notification According to
National Land Utilization Law
|Elementary School||Rakuo Elementary (11min walk/850m)|
|Junior High School||Shimogyo Junior High (13min walk/1000m)|
|Transaction Terms||Hachise as broker|
|Remarks||・The seller is not liable for any defects.
・The furnitures are included in the property price.
・New owner needs to renew Inn business licenses before operation.
|Sales Representative||Kae Motokado|
|Information updated||January 20th, 2020|
|Information will be updated||January 27th, 2020|