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Top Rated 44x Room Guesthouse, 9x Properties Consolidated For Sale

Bellville, Western Cape, South Africa
Asking Price:
R53,000,000 Furniture / Fixtures included
Sales Revenue:
R8M - R15M
Cash Flow:
R100K - R500K

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. Occupancy before Covid19 average 76.4 %. Last month November 2020 Occupancy was 46% , not bad to think this is after Covid19. Financial details on this advert are recorded before Covid19. I'm positive that business will be back to normal from February . 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 . Excellent Guest House have its own 100 meter borehole and can be completely off the grid with water. 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. Two Bars , 3D Cinema room with high quality equipment . See more room photos and videos on Excellent Guest House website. www.excellentguesthouse.co.za
Value of only the Furniture +/- R10 mil. All solid wood furniture

Reason for selling is not because of Civid19 my Guest House was in the Market before Covid19, We are ready for retirement.

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

Property Information

Real Estate:

Real Property Included

Location:

Bellville

Size in square feet:
5,806

Business Operation

Reasons for selling:

Retirement

Trading hours:

24/7

Employees:
11
Years established:
2006

Other Information

Furniture / Fixtures value:
R10,000,000 - included in the asking price
Inventory / Stock value:
R20,000
Website:
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Home based:
This business can be run from home.

Contact Seller

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