Hotel and Conference Centre With Gaming License For Sale

Business description

Originally built in 1930, this property has been owned and managed by the same family for the past 24 years. It has a 2 star hotel and 2 star conferencing grading with Satour and have been granted LPO gaming licence through Vukani Slots Route Operator.

They specialise in the corporate accommodation and conferencing market and have an excellent network of agency and government clients. The Hotel is on 5 acres of prime commercial land set in tranquil and magnificent gardens, of the lush South Coast.
The hotel conferencing and Estate boasts a stunning 100 seater restaurant, with 80 seats inside a cosy dining room and the balance on a covered terrace which has a 180' sea view. The venue boasts a play park, trampoline and swimming pool.

There is a separate air conditioned conference venue for up to 35 delegates, as well as a newly built bottle store, and ladies bar.
Ample secure parking

Property information

Real Estate:

Real Property Included

Location:

Located near the CBD of a major South Coast town. It is a 5 acre parcel of prime commercial land with 180 degree sea views.

Other information

Expansion potential:

More accommodation can be added, or the entire lot sudivided and developed

Competition / Market:

None in area. Very high occupancy rates.

Support & training:

To be arranged

Reasons for selling:

Ill health

Trading hours:

24/7

Contact the seller