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Wine Farm Property Hard Currency Income Functions Venue In Wellington For Sale

Wellington, Western Cape, South Africa
Asking Price:
R45,000,000 Inventory / Stock included
Sales Revenue:
R4,200,000
Cash Flow:
R4,200,000

This spectacular 34 Hectare Wineland's Farm including Wedding Venue, I Main House, Guest Houses and grape producing farm has become available.
The function venue seats 250 and has a chapel which takes 150 people. The main house has 5 bedrooms all en suite and sleeps 10 people . In addition there is over 2000 square meters of buildings on the farm.
The wedding venue can accommodate a further 16 persons in its 5-bedroom cottages which are fitted with A grade furnishings and spectacular design.
The Wedding Venue has been signed to Premium Company on a 5-year agreement and provides a fixed income source to the property at very good returns.
Set in the picturesque Valley and renowned for its wine and good weather this Cape Gem is an income producing asset from day one.
Farming activities are the export of Table Grapes at 8 ha ( a rand hedge income) , Wine Grapes 2 ha and Game Camp of 16 ha with registered water rights over 26 ha with a well-designed irrigation system. The current owners' management of the farm has been meticulous.
There is a small game operation on the farm, it has buck and it’s growing in size however this section of the farm could also allow for future expansion and development. Most importantly we have very sought after and unique finance structure for this purchase which limits the amount of cash injection needed by the purchaser - further information on signature of the nda.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

The function venue seats 250 and has a chapel which takes 150 people. The main house has 5 bedrooms all en suite and sleeps 10 people with over 2000 square meters of building in total on the farm. The functions venue can accommodate a further 16 persons in its 5-bedroom cottages which are fitted with A grade furnishings and spectacular design.

Location:

Wellington - Winelands Cape Town

Premises Details:

Over 2000 Square meters of building including main house , beautiful function's venue, outbuildings and guest cottages on 34 hectares

Size in square feet:
3,659,730
Planning Consent:

Currently operation as a working farm exporting Table Grapes, A functions/ conference venue and guest accommodation for the functions venue, ( main house not rented) .

Business Operation

Expansion Potential:

Potential for expansion with further residences or possible property development and /or farming activities including Export expansion. Also an option to rent the current residence as a guest house or main residence.

Competition / Market:

limited as functions venue is unique and export market on grapes just expands and yields higher income on a falling rand. Some competition on guest house side.

Reasons for selling:

Owner Retiring .

Trading hours:

5 days a week on the farm and 6 days a week in the functions Venue .

Employees:
3
Years established:
14

Other Information

Support & training:

Full Support and Training provided and management services if need be.

Financing available:

We have an superb financing structure on this purchase which will limit the amount of cash needed to invest by the purchaser but the purchaser will need a good balance sheet to qualify.

Furniture / Fixtures value:
R4,500,000
Inventory / Stock value:
R250,000 - included in the asking price
Related Documents:
Home based:
This business can be run from home.

Contact Information

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