• 3 995 m2

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Property description

Commercial Property for Sale Selling price R13.950.000 EXCLUDING - FURNITURE Sale SELLING price R16 million INCLUDING FURNITURE

Highly Successful Luxury 14 Room Guesthouse/Hotel for Sale

The 14 rooms are sumptuously furnished and each has an en-suite bathroom with shower and bath, air conditioner, flat screen TV, a private patio or balcony, a desk area, minibar fridge and a microwave.

The elegant reception area leads to two beautiful lounges and a tastefully furnished dining room. An intimate bar, book and DVD library, TV lounge, meeting room and small breakaway areas provide utility and flexibility.

Ample secure on-site parking, swimming pool and thatched outdoor lounge area, a large DVD selection, lunch and delicious homestyle dinners on request.

The Hotel is located in the Sandton area of Johannesburg, 18km from Lanseria Airport and 20km from OR Tambo International Airport. Each room includes an in-room safe, hair dryer, and internet access. Other features at the guesthouse include Wi-Fi in public areas, laundry service, and dry-cleaning facilities. Guests may make use of the guesthouse’s excellent recreational and leisure facilities which include a garden where you can relax after a long day of exploring. With its commitment to service and focus on hospitality, you'll certainly enjoy your stay at The Hotel. This Residential Hotel offers many commercial possibilities and must be viewed to be appreciated.

The Hotel is a profitable going concern with no further investment required. Full financials are available on request. Investments have been made in a borehole system, 4 x 5000 litre storage tanks, solar geysers, a 7.5 KVA UPS system, backup generator and a 32 IP camera system. The buildings and grounds are well maintained. Moveable assets valued in excess of R6 million (excluding VAT) can be negotiated. A comprehensive assets register is available on request.

The Hotel is a profitable going concern with no further investment required. Full financials are available on request. Investments have been made in a borehole system, 4 x 5000 litre storage tanks, solar geysers, a 7.5 KVA UPS system, backup generator and a 32 IP camera system. The buildings and grounds are well maintained. Moveable assets valued in excess of R6 million (excluding VAT) can be negotiated. A comprehensive assets register is available on request.

The furniture and fittings are also offered for sale. This property is an ideal investment for a small hotelier or an entrepreneur with expansion in mind.

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