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Hotel....... owners Dream!

Burgersdorp

R1,950,000 plus VAT

Listing Number: EQT7648
About this listing
GOING! going.. All in furniture and all, at an unbelievable price this hotel is the prime example of value for money. Situated on a main entrance or exit of Burgersdorp you find this historical building and a treasure at that, considering the price it is actually a steal. Knowing this the property wont be on the market for long, bookings to view are crucial.
The hotel can accommodate 46 people with 15 upgraded and renovated en-suite rooms, and 9 separate bedrooms without bathrooms for guests situated in the hallway. There is a very neat 1 bedroom self-cater unit, and a 2 bedroom flatlet on the property. The hotel also has a self-catering unit (sleeps 6 people), and a 3 bedroom flatlet with 2 bathrooms, currently used for management's accommodation. There is a reception area, 1 lounge area, 1 laundry room in the hotel, 1 large conference hall, 1 large bar, among many other available in the hotel, 6 storerooms, and 7 shaded parking area for guests. The hotel has 3 small shopping outlets allocated and available for guests' easy and convenient shopping (2 of these outlets are already rented out, providing an additional income of R4500.00 per month).

For guests who prefer a pure and traditional dining experience, there is a small diner situated on the premises. The hotel further offers another a la carte restaurant, and a kitchen. As assets, the kitchen features 1 walk-in freezer, 1 walk-in deep freezer, 2 deepfreezes, 1 combination deepfreeze, 2 large storerooms attached to the kitchen.

The hotel has an already signed contract with an established company, furnishing it with 5 computers, 15 telephones (situated in the en-suite rooms), and 12 cameras for an already determined monthly cost.

Water, electricity, and rates and taxes amount to an average of R15 000.00 per month.

Management are able and available to stay on for 3 months, if requested, for training of new staff etc. Current staff can be kept when buying hotel with negotiation to salaries.

This is a unique opportunity to own an economically viable commercial property in the heart of the beautiful and serene Karoo for a fraction of the price that this kind of property
Property Information
  • Land Size: 2478 sqm
  • Property Type: Hotel / Tourism
  • Property Features: Building Name: Jubilee Hotel, Level Number: 2

Agent Details

62
Grey Street
Queenstown
Queenstown
Office website

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