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Worldwide- Listing ID: 1223174
- (Seller ref: R110901)
Karoo Country Hotel For Lifestyle With Income For Sale
- Karoo, Free State
- R6,500,000
- (Furniture / Fixtures included)
- Sales revenue:
- R1,620,000
- Cash flow:
- R1,075,000
Listed by:
Business description
This historical hotel dating back to the 1800's is an opportunity to have a peaceful country lifestyle with big city income. Own you own refurbished building with shops and operate the hotel with 18 rooms in a beautiful small Karoo town on the busy N1. With bed night occupancy that tripled in the last 3 years during the recession this is a gem. A rare opportunity
Property information
- Real Estate:
- Real Property Included
- Location:
- Karoo town on the N1
- Premises details:
- Owned buildings and land. 1428m2 + 2556m2 the Erven. Buildings total 1791m2 and garages of 230m2
Business Operation
- Reasons for selling:
- Owners plan to travel Africa overland
- Employees:
- 9 Staff members
- Years established:
- Since the 1800's
Other information
- Furniture / Fixtures value:
- R3,826,000 (included in the asking price)
are required by the Seller
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