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Boutique Hotel And Restaurant In Sandton For Sale

Sandton, Gauteng, South Africa
Freehold Price:
On request Furniture / Fixtures and Inventory / Stock included
Lease Asking Price:
R8M - R15M Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Exquisite boutique hotel in Rivonia, Sandton for sale.
21 beautifully appointed rooms, two conferencing facilities which can host up to 50+ delegates, a 200 square metre fully equipped restaurant and commercial kitchen with seating for 50 patrons inside plus al-fresco dining for 30+ covers outside make up this acreage property. Fixtures and fittings are a cut above the competition and the double volume entrance and winding staircase are simply divine. The business has a solid corporate client base built up over the past 10 years as well as attracting leisure guests both locally and internationally. The property also has the benefits of day time solar power, a filtered borehole with 5000 litre tank and a 125 kw diesel generator to ensure that service is never negatively effected by municipal outages.

The property is also up for for sale separately for R45m (excluding VAT).

For more information, please contact us by using the form below.

Property Information

Real Estate:

Available as lease or with real property included

Lease Terms:

Minimum of a 5 year fixed term lease.

Leasehold Rent:

R2,500,000 per annum

Living Accommodation:

The Gallery Room is a stand alone building which could be converted into an on-site managers residence or further suites.

Location:

Located in the suburb of Rivonia within close proximity to the business hubs of Sandton, Sunninghill, Woodmead and Waterfall.

Size in square feet:
1 Acre

Business Operation

Expansion Potential:

The property is situated on a commercially zoned street and has space to build and extend further.

Reasons for selling:

Owner emigrating.

Trading hours:

24/7 x 365

Employees:
8
Years established:
11

Other Information

Furniture / Fixtures value:
R3,000,000 - included in the asking price
Inventory / Stock value:
R150,000 - included in the asking price
Website:
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Lease asking price:
R8M - R15M - Furniture / Fixtures and Inventory / Stock included

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