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Historic Commercial Hotel, Charming West Coast Town For Sale

Western Cape, South Africa
Asking Price:
R9,900,000 Furniture / Fixtures included
Turnover:
R5,500,000
Net Profit:
Undisclosed

BUSINESS OVERVIEW
A Rare Heritage and Commercial Investment Opportunity.

An exceptional opportunity to acquire a distinctive historic hotel in the heart of a tranquil West Coast town in the Western Cape. Dating back to 1901, the property was originally built in the Victorian style and transformed during the 1960s. Today, it is recognised for its distinctive mid-century architecture, original period furnishings and longstanding role in the local community.

The hotel offers a diversified hospitality and entertainment operation, incorporating accommodation, a restaurant, main bar, ladies’ bar, liquor shop, function and conference facilities, gambling machines and potential opportunities for commercial letting.

Accommodation comprises 2 self-catering units, 4 standard hotel rooms and 1 family room, with a combined capacity of up to 15 guests. Additional facilities include a fully equipped catering kitchen, versatile function venues accommodating up to 70 conference delegates or 50 dining guests, a historic dining hall, established garden, swimming pool, braai area, laundry, secure parking, five garages and additional storerooms.

The combination of heritage character, established facilities and multiple potential income streams present opportunities to expand accommodation, develop weddings and private functions, attract conferences, promote heritage tourism and strengthen the hotel's regional hospitality offering. Selected storerooms and external buildings may offer further development or rental potential, subject to the necessary approvals.

The business employs 7 staff members and is offered for sale due to the owner's retirement and relocation. Annual owner's discretionary income is available for discussion with the owner.

KEY FACTS

  • Selling Price: R9,900,000 Excl. Stock & VAT
  • Land: 3 300 m2 & Buildings : 1 000 m2
  • Location: Tranquil West Coast town, Western Cape
  • Established: 1901
  • Staff Complement: 7 employees
  • Reason for Sale: Owner retirement and relocation

INVESTMENT HIGHLIGHTS

  • Established hospitality landmark with more than 120 years of history.
  • Multiple hospitality, entertainment and commercial income streams.
  • Distinctive mid-century architecture and original period furnishings.
  • Accommodation, restaurant, bars, conference and function facilities.
  • Potential for additional accommodation and rental income, subject to approvals.
  • Opportunity for an owner-operator or investor to expand events, strengthen marketing and develop heritage tourism.

PRESERVE THE PAST, SHAPE THE FUTRE
Priced at R9,900,000, this is more than the acquisition of a hotel. It is an opportunity to secure a distinctive piece of South African heritage while building on its established commercial foundation and exploring its future potential.

Serious buyers and qualified investors are invited to enquire for further information and to arrange a confidential viewing.

Property Information

Real Estate:

Real Property Included

Location:

Centrally situated in a historic West Coast town in the Western Cape, offering a tranquil setting and an established local community.

Premises Details:

Centrally located, highly visible and ample secure parking.

Size in square feet:
Land : 3 300 m2 & Buildings: 1 000 m2

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Refurbishment potential, enhanced online presence and targeted digital marketing to drive occupancy and revenue growth.

Competition / Market:

Primarily Guest Houses with no comparable full-service hotel offering.

Reasons for selling:

Owner retirement and relocation.

Trading hours:

7 days a week from 08:00 - 21:00

Employees:
7 Staff
Years established:
1901

Other Information

Support & training:

The current owner will provide support to ensure a smooth transition to new ownership.

Furniture / Fixtures value:
R8,000,000 - included in the asking price