Well Established And Well Priced Guest House For Sale

Business description

This well priced guesthouse has been established in Kimberley for fourteen years. It has been recently renovated and is well patronised by businessmen and tourists. The guesthouse has a three star grading and offers attractive accommodation to the guests. There is a large dining room that has the potential to host mini conferences – this looks out on to the pool and well established gardens.
Although the majority of the client base is of a business nature Kimberley also attracts visitors to the famous “big hole” and is the ideal stopping point for those travelling between the Western Cape and Gauteng.

Property information

Real Estate:

Real Property Included

Living accommodation:

On site as part of the guesthouse.

Location:

The guesthouse is situated in the heart of Kimberley - the home of the famous Big Hole. The Big Hole is the largest man-made excavation site in the world and attracts regular sightseers throughout the year.

Premises details:

The guesthouse has been recently upgraded and expanded and now boasts six en-suitebedrooms and sufficient space for mini conferences.

Size in square feet:

1040 sq m (11232 sq ft)

Other information

Expansion potential:

There are opportunities into the conference industry and by pursuing the active tourist market.

Planning consent:

Yes in place

Competition / Market:

There are other guesthouses in Kimberley however the industry has a policy of co-operation rather than direct competition. Working together by way of referals helps boost occupancy levels for all.

Support & training:

On site on hand-over

Reasons for selling:

New venture

Trading hours:

24/7

Financing available:

From South African financial institutions