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New Hotel And Conference Centre For Sale

Benoni, Gauteng
Asking Price:
R35,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Newly complete developed 17 bedroom Hotel, Wedding and Events Venue, perfect for conferences/entertainment - Various Venues to choose from. Seating up to 350 people in the Colosseum. Large paved parking areas for up to 300 cars. Zoned as Hotel and Conference centre. 20 minutes from Oliver Thambo International Airport in JHB South-Africa. Approval to add 30 plus more rooms. 5 Venue areas...
Very Private and Secured double entrance gate with Security Guards

No VAT payable, No Transfer Fees Payable.

Professional Bank Valuation Done ( Excluding Income)

Sale of Shares Agreement. Property owned by (PTY) Ltd. NO VAT Payable and NO Transfer Fees payable

If interested please contact the seller through the form on this page.

Property information

Real Estate:

Real Property Included

Living Accommodation:

Whole section on estate where living accommodation can be provided, but not necessary as all staff are living close by...

Premises Details:

Situated in Private Estate as part of the sale

Size in square feet:
2 hectares (25,000m2)
Planning Consent:

Zoned as resort, hotel and conference centre...Fully licensed restaurant (Only operated with events and functions)

Business Operation

Expansion Potential:

Council Permission to add 30+ rooms.

Competition / Market:

Newly completed business in 1st year of trading.

Reasons for selling:

Developed Property as final Retirement Project...

Trading hours:

Hotel operates normal Hotel hours

Employees:
10
Years established:
New Development - in 1st year of operation...

Other Information

Support & training:

Willing to provide services per arranged take-over term period

Furniture / Fixtures value:
R1,000,000 - included in the asking price
Inventory / Stock value:
R100,000 - included in the asking price
Website:
Login or register to view link
Business closed / Asset sale:
Yes

Contact Information

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