Sale of B&B and conference facility in Durban North. Ten rooms, 40 person conference room, 15 person conference room, bar/lapa and deck, large pool, parking for 20+cars and manager's cottage and staff room. Backup water and electricity.
- Asking Price:
- R8,000,000 Furniture / Fixtures included
- Sales Revenue:
- Available on request
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Real Property Included
- Living Accommodation:
-
Manager's cottage with private garden
- Location:
-
Durban North, 2km from Blue Lagoon
- Premises Details:
-
Ten fully furnished en suite rooms, 40 seater conference room, 15 seater conference room or guest lounge, lapa/bar poolside, large pool, breakfast dining room, self sufficient manager's cottage, 20+car parking
- Size in square feet:
- 2400 sqm
- Planning Consent:
-
none
Business Operation
- Expansion Potential:
-
yes
- Competition / Market:
-
many smaller B&B's in the area but none with conferencing or the size of the property
- Reasons for selling:
-
Retirement
- Employees:
- 0
- Years established:
- 20+
Other Information
- Furniture / Fixtures value:
- R400,000 - included in the asking price
- Business closed / Asset sale:
- Yes
- Home based:
- This business can be run from home.
- Distressed:
- This business is a turnaround opportunity.
