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R75,000 pm

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Price per m²
R100 Excl. VAT
Lease Period
60 months
Availability
Immediately
Deposit
R75,000
Annual Escalation
10 %
Lease Includes
Municipal rates
Lease Excludes
Water, electricity and security

Business Opportunity: B&B TO LET in MTHATHA

Business Opportunity!!
Ready-to-run B&B available to rent. The property was operated as a 4-star boutique hotel. All necessary equipment is still available and will be at your disposal to run a fully functional B&B and/or boutique hotel. The price includes all items inside the property (beds, bedding, tv, chairs, table, and cutlery). Existing staff can be handed over to new business owners.

The bed and breakfast consists of 16 immaculate rooms, each with its own bathroom, a reception area, a fully fitted kitchen, a dining area, and a mini-bar. The B&B has a conference center. The conference center can accommodate over 50 people. The conference center is equipped to host strategic sessions, meetings, training and conferences, with reasonable parking to accommodate visitors.
The property has Backup water (tank) and an outlet to plug in a generator are available.
The hotel boasts comfort and class.

The property is well-located, providing easy access for customers, its within a 3km radius from major amenities, city center, Ngebs and or Savoy.

The tenant will be responsible: Water, general maintenance, and security.
The landlord will be responsible for: municipal rates

The property is zoned for business.

The landlord is happy to accept a long lease with a right of first refusal clause included in the lease, if the landlord opts to sell.

Features

0
18
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
750m²
Land Size
1,013m²
Parking Bays
Open Parking Bays
18
Extras
Accommodation • Air Conditioner • Air Conditioning Unit • Alarm System • Bath • Built In Bar • Built in Wardrobes • Modern • Gas Hob • Ground Floor

Southernwood, Mthatha

Introduction Welcome to the city of Mthatha, located in the Eastern Cape province of South Africa. Vibrant culture, historical importance and modern facilities make for a unique combination in Mthatha. Whether you intend to permanently stay or are just making a short visit, Mthatha has a friendly atmosphere with numerous activities and attractions. A brief history of the area Mthatha was previously...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
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Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
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GRAND TOTAL:

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