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Successful Boutique Hotel Spa, Eatery And Wine Bar In Somerset West For Sale

Somerset West, Western Cape, South Africa
Asking Price:
R49,000,000 Furniture / Fixtures included
Sales Revenue:
R8M - R15M
Cash Flow:
Available on request

Modern Unique luxurious boutique Hotel in Exclusive area of Spanish Farm in Somerset West The Winelands. Totally refurbished over last 4 years. 3 different income streams. Established strong branding, web site, social media with over 8000 followers.
A proper return on investment. PERMISSION approved for future growth and development and more potential for the future.

Eatery and Wine Bar with strong turnover and established format the local resident frequent.
Luxury Day Spa. Thermal Suite with Rasul and Sauna. 4 treatment rooms relaxation lounge luxury mani pedi area and Tranquility lounge.. Well established and runner up spa of the year 2017 and 2018 in a Boutique Hotel in Africa.

8 luxury Suites.
Fantastic private living space with 2 bedrooms suites plus large open plan modern kitchen lounge dining room ad extra space ( this space can also we used as a cooking school which it was purpose built for) a venue for conferences or parties if private home accommodation is. Not required.

Genuine clean accounts and books all systems in place for honest information to verify ROI

This business Does Not rely on International tourism and has recovered well from the Covid Lockdown restrictions showing the strength of the business.

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

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Current owners have successfully created a unique luxury private home using the 2 cottage suites and cooking school venue in a private garden

If on site accommodation. Is not needed these can be added back to the business with ease

Location:

Luxurious upmarket Spanish Farm is prime sought after Real estate. Secluded, surrounded by nature and trees yet in Somerset West Suburbs at the foot of Helderberg mountain close to large population perfect for the business needs

Premises Details:

7500 Sq Plot Car park for 50 cars lots of separate buildings for the different business beautiful established gardens

Planning Consent:

Can be discussed in detail with verified buyers

Business Operation

Expansion Potential:

Permission to expand and add on conference CENTRE / luxury Suite / rooftop penthouse of cocktail bar lounge

Competition / Market:

This is the Only Boutique Hotel in Town. There is one larger hotel and lots of guest houses

Reasons for selling:

Retirement one of the owners was 66 in January 2021..

Trading hours:

Currently open every day except Mondays. Rooms available every dayv

Employees:
20
Years established:
4

Other Information

Support & training:

Current owners are available for full handover and training as required

Furniture / Fixtures value:
R2,000,000 - included in the asking price
Website:
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