Guest Lodge In KZN For Sale

Business description

Own Paradise for only R8.0m, excluding VAT!! A rare, not to be missed opportunity for the discerning buyer, to own a 5 Star B & B and self catering accommodation set in a beautiful, tranquil area in an upmarket, coastal resort town on the South Coast of Kwazulu Natal. The property has two swimming pools and is set in a magnificent, award winning garden with a surrounding electric security fence.

Property information

Living accommodation:

The property consists of a two storey private house (500sq/m) which could be used as additional rented accommodation if desired, 1 x 3 bedroom cottage (150sq/m), 1 x 2 bedroom cottage (100 sq/m) and a building with 3 separate self catering suites (180 sq/m all inclusive).

Location:

South Africa - Kwazulu Natal - Lower South Coast

Premises details:

The entire property for the B&B is approximately 9 500 sq/m in area and consists of 1 x private house, 2 x cottages, 1 x building consisting of 3 self catering suites, a laundry and storeroom, 2 x swimming pools and a deck.

Size in square feet:

See Living Accomodatin Description

Business Operation

Expansion potential:

The business can be expanded by an open piece of land, that is next to the property of 2500 sq/m that has special consent for coffee shop, tea garden, curio & gift shop, indigenous nursery or an art gallery. This land is being sold seperately at a cost of R600k, excluding VAT

Reasons for selling:

The family want to focus on other more pressing business interests and the B&B environment is 24/7 which is not ideal for family

Trading hours:

24/7

Employees:

3

Years established:

Since 2000

Other information

Support & training:

The owner will provide support and training