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Business for sale in Pennington

Pennington, 35 Umdoni drive

R8,300,000 plus VAT

Listing Number: KSB23763
About this listing
Welcome to the website of Harcourts Scott Bay. This well maintained and successful Beach resort in Pennington allows for the entrepreneur to make the most of this business opportunity! Pennington is a suburb just south of Scottburgh with easy access via the R102 and the N2 freeway.

The property is subject to Road Servitudes. These servitudes will have no effect on the value of the Resort.
* Electricity is supplied by Eskom and Municipal water.
* Septic tanks for sewerage.
* Chalets 1 - 8 (585m²) with verandas (101m²). The eight chalets are single storey buildings constructed with brick plastered walls, under asbestos roofs and timber window frames. The chalets consist of two bedrooms, lounge, kitchen and bathroom. Internally finished with herculite and timber ceilings, ceramic floor tiles. Melamine kitchen units. Average sanitary fittings. Verandas with build in braais. The chalets can occupy a total of 54 people.

* Timber cladding Cabins 1-8 (185m²)
Single storey buildings constructed with timber cladding, under corrugated and IBR roofs. There are bachelors, 1 and 2-bedroom cabins and only one (no. 8) with small kitchenette. A communal ablution block located close to cabins for their use. Internally finished with herculite and timber ceilings, tile and timber floor covering. The log cabins can occupy a total of 36 people.

* Timber log lodges (87m²) and lapa (12m²). Three lodges, one with loft room. Constructed with timber logs, under tile roofs. Timber ceilings, tile and timber floor covering. Lapa constructed with gum pole, under tile roof. Tile floor cover with sink unit. The lodges can occupy a total of 14 people.

* Dormitory (76m²). A single storey building constructed with brick plastered walls, under IBR roof. Herculite ceiling and tile floor covering. A large open sleeping area, with communal kitchen and ablutions. Dormitory can occupy a total of 22 people.

* Managers cottage (28m²). A single storey building constructed with cement block, under asbestos roof. A bachelor unit, with kitchenette and bathroom. Finished herculite ceilings and tile floor covering.

* A recreation hall and lapa comprising of a single storey building constructed with brick plastered walls, under tile roof. Herculite ceilings and tile floor covering. Consist of a hall, kitchen and ablutions. Three split-level air conditioning units installed. Lapa constructed with gum pole under tile roof and tile floor covering.

* Swimming pool lapa (68m²). Constructed with gum poles under asbestos roof. Tile floor covering with roll-up PVC wind breaker blinds.

* Ablution block and storeroom (59m2) Constructed with brick plastered walls, under asbestos roof. Herculite and timber ceilings and tile floor covering.

* Garage, workshop and storerooms (148m²). A single storey building constructed with brick plastered walls, under asbestos roof. Concrete floors.

The resort offers the following features - one swimming pool, timber rock climbing structure, zip line and jungle gym. Note that these features are not permanent structures.

The property is a Specialized property zoned as Resort Zone 2.
Property Information
  • Legal Name: Pennington Beach Resort & Adventure Centre
  • Business Name: Pennington Beach Resort & Adventure Centre
  • Business description: Resort and Adventure
  • Leased plant: n.a
  • Items not included in sale: n.a
  • Property Type: Accommodation
  • Carparks: n.a
  • Lease details
    • Opex, Rates & Insurance: n.a
    • Start: n.a
    • To: n.a
    • ROR: n.a
    • Reviews: n.a
  • Customer account / database: n.a
  • Key agencies: n.a
  • Franchisor / licensor: n.a
  • Listing price details
    • Vehicles R : n.a
    • Intangible assets R : n.a
    • Tangible assets R : n.a
    • Other R: n.a
    • Stock R: n.a
    • Total (plus VAT if applicable) R : n.a
  • Number of staff
    • Full time: n.a
    • Part time: n.a
  • Opposition: n.a

Agent Details

2 Margaret Avenue
Scottburgh South
Office website

Property Location

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