Sukhumvit Soi 8 had the potential to be the next big thing when it comes to entertainment and nightlife with neighbouring soi’s such as 4 and 11 bursting at the seams with no more room at the inn.
If you wanted to open a business targeting expats and tourists in that part of town the next obvious choice would be soi 8… it’s within easy reach of the BTS, right opposite Soi 11 and just a stroll from Soi 4 thus making it an ideal location.
It already has some well established bars and restaurants such as Monsoon, The Kiwi and Viva plus countless hotels and condos giving it potential for huge growth given its neighbours are pretty much full to capacity.
However, a recent ruling by authorities that will restrict alcohol licenses of establishments located between Wannawit School and Sukhumvit Road looks like it will sink any potential Soi 8 had.
Restrictions have now been rubber-stamped covering the area between the school and Sukhumvit Road.
It’s my understanding officials don’t want children passing people sat consuming alcohol as they come and go from school.
In that 200 meter strip no new liquor licenses will be issued putting a nail in the coffin of anyone with plans to open a bar, club or restaurant and those currently trading now face an uncertain future.
One long running bar located between the school and Sukhumvit have 15 months left on their alcohol license and are uncertain if it will be renewed.
The worst part for those currently trading on Soi 8 with lease renewals due is no current licenses can be transferred to a different premises as the licenses are issued based on location.
The new ruling, issued only a couple of weeks ago, is related to the much talked about restricting alcohol sales near school and universities from 2015.
It is also the first major ban on booze sales affecting an area frequented by tourist and expats.