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4-star Boutique Hotel & Guest House Plus 2 Properties! For Sale

Port Elizabeth, Eastern Cape, South Africa
Asking Price:
R13,380,000
Sales Revenue:
R3,278,800
Cash Flow:
R3,016,212

The luxurious boutique Hotel and Guesthouse is 2 minutes from the airport and 5 minutes from PE’s Blue flag beaches, it is ideally placed for both business and leisure. It is situated in the quiet and leafy suburb of Port Elizabeth.

A full and delicious continental breakfast buffet and a variety of hot meals are served every morning and lunch/dinner is optional where bookings are essential and prepared by their in-house chef catering to your needs.

Included in the asking price are the two properties which include the double story Boutique Hotel, the 46-car secure car-park (on the premises), and the ground floor Guesthouse.

All of the private and luxurious en-suite rooms have air-conditioning, telephone, in-room safe, hairdryer, mini-fridge, coffee/tea station (with delicious home-made biscuits). On top of all that, each room has Wi-Fi, Smart TVs with free streaming, Netflix, and YouTube. Each room has a private entrance with a mini patio. Everything you want from a Boutique Hotel and Guesthouse and more!

All the conference rooms and the Boma can accommodate breakfast, lunch, supper, and/or snacks. They also have Wi-Fi, a Data projector, air-conditioning, flipchart with accessories (pens, markers, etc.). They have solar power for the geysers and heat pumps for the Guesthouse as well as a borehole feeding both buildings and the operation. Their online review for the Boutique Hotel has 9.0 and the Guesthouse has 8.8 (both out of 10).

If you are a hands-on owner or you want a manager-run Hotel and Guesthouse business, this is for you. A fantastic deal not to be missed while living by the coast and enjoying life! 2 properties worth almost R20m, an incredible and profitable business, all for the asking price of R13,38m. What are you waiting for?

The asking price excludes VAT and stock of R20,000.

Business Operation

Reasons for selling:

Retiring to the UK and Spain.

Trading hours:

Mon to Fri: 24hrs
Sat: 24hrs
Sun: 24hrs

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