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Top Rated 47 Room Guesthouse 9 Properties Consolidatedrezoned For Sale

Bellville, Western Cape, South Africa
Asking Price:
R53,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R8M - R15M
Cash Flow:
Available on request

Loots / Owner
This is realy a good investment opportunity. Number 1 on TripAdvisor out of 82 guest house in Bellville. Simple , Google and see for yourself.
Prime Location Guest House for sale next to the busy road Bill Bezuidenhout in Bellville. In the centre of Big Companies with Lots of Corporate and International guest. Property size 5803 square metres Excellent Guest House exist of 9 separate Houses next to each other and is consolidated and rezoned with one water meter and one electric meter . There is a 110 KVA 316 Stainless Steel Generator for backup power.
Excellent Guest House have 2 x swimming pools, Hot water Pit and a fishpond. There is a Industrial Laundry room . Dinning room can seat 84 guest . See more room photos and videos on Excellent Guest House

The replacement value of only the furniture, electric appliances , beding etc etc is over R10 mil.
All solid wood furniture.
Hyundai Staria 9 seater Bus.

Occupancy last year was 71.44 %

TOTAL AVERAGE INVOICING PER MONTH IS OVER = R 1 MILLION

Property Information

Real Estate:

Real Property Included

Living Accommodation:

47 x rooms , each with own entrance and bathroom.

Location:

Excellent Guest House 1 Helderberg street Chrismar Bellville 7530

Premises Details:

It was 9 X Properties that's been Rezoned and Consolidated

Size in square feet:
5,806

Business Operation

Expansion Potential:

Yes , 2 x neighbors told me that they will let me know when they want to sell

Competition / Market:

Top Rated
Rated Number 1 on TripAdvisor accommodation in Bellville

Reasons for selling:

Retirement

Trading hours:

24/7

Employees:
22
Years established:
2006

Other Information

Support & training:

You buy property as a going consern. Lock stock and barrel. There is 2 Manager's that runs the Guest House.

Furniture / Fixtures value:
R10,000,000 - included in the asking price
Inventory / Stock value:
R30,000 - included in the asking price
Website:
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Related Documents:
Home based:
This business can be run from home.