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Guesthouse In Douglas Northern Cape For Sale

Douglas, Northern Cape, South Africa
Asking Price:
R6,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R500K - R1.5M
Cash Flow:
Over R500M

Tired of city life, Tired of living in dangerous surroundings. Come to the safe Northern Cape Area and buy a beautiful guesthouse and home in 1 for sale. The house is situated in a quiet cul-de-sac street in the picturesque town Douglas. The house is on the banks of the Vaal River.

The house is a double story house with the owners living on the top floor in 5 bedrooms and two bathrooms and the guesthouse is on the ground floor and outside buildings.

The guesthouse consists of 9 guestrooms. The house has six garages, a cellar and a lovely big swimming pool next to a lapa.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

5 bedrooms, 2 bathrooms and walk in closet

Location:

Cul-de-sac street, 1 block from Business centre of street

Premises Details:

2000 square meters plot

Size in square feet:
900 square meters

Business Operation

Expansion Potential:

Convert six garages into additional guestrooms. Cellar newly refurbished, apply for liquor licence and have bar with cocktails and dinners/braai's
Start pizza restaurant next to the swimming pool.

Competition / Market:

Four other big guesthouses in town. Other guesthouses in town is of a high standard but relationships between guesthouse owners are good and we send each other guests.

Reasons for selling:

Non-core business

Trading hours:

24/7 operation

Employees:
4
Years established:
3.5 years

Other Information

Support & training:

Current owner and manager will stay on for a month in order to train new manager/owner

Furniture / Fixtures value:
R1,500,000 - included in the asking price
Inventory / Stock value:
R5,000 - included in the asking price
Website:
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Home based:
This business can be run from home.

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