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Boutique Hotel Guest House Conference And Wedding Venue For Sale

Midlands, KwaZulu - Natal
  • R8,000,000
  • (Furniture / Fixtures and Inventory / Stock included)

Sales revenue:
R1,440,000
Cash flow:
R1,440,000
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Four Star establishment graded by the South African Tourism Grading Council of South Africa, and the leading Conference, Wedding and Social Destination in the Natal Midlands. Centrally based, on the making it a popular destination for all the parents of the surrounding Private Schools; viz. Clifton Preparatory School, Michael House, Treverton, Kings, Hilton College, St Anne’s, Whykham Collegiate, St Charles and St John’s.



Real Estate:
Real Property Included
Location:
KZN Midlands
Premises details:
1. New Owners House 130.79 sqm
2. New Block of five Guest Suites 171.80 sqm
3. Addition of Laundry and Staff Accommodation 64.64sqm
4. Addition of Conference Venue 174.96 sqm
5. Main Guest House with additions 480.00 sqm

Total Buildings = 1’022.19 sqm

Total Land Area 7’900 sqm (2 Acres)
Size in square feet:
7 900 sqm (2 Acres)

Reasons for selling:
Owner wishes to move into another industry
Employees:
4
Years established:
Since 2006
Furniture / Fixtures value:
R1,000,000 (included in the asking price)
Inventory / Stock value:
R10,000 (included in the asking price)
Related documents:


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