A PICTURESQUE SEASIDE GUESTHOUSE

R 26,800,000

1 year ago186 views
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General Details
Size (sqm):2024
Parking:Garage
Description
Property Address:
Glenashley, Durban North
Fantastic opportunity to acquire a rarely available, profitable turnkey business. This charming well-established bed and breakfast is perfectly located in a popular Umhlanga. The establishment offers up to 34 rooms and can also be family-run. Fully furnished and equipped with 2 kitchens, secure parking, two swimming pools one of which is an affinity pool with fantastic views of the ocean, the other is set in the garden with tropical surrounds. 

Current strong turnover with impressive profits plus exceptional room rates achieved year on year. We have a full set of books showing a profitable business with a great amount of repeat business. This bed and breakfast have multiple income options consisting of a range of rooms right across from a pristine beach. This business is spread over two separate ERFs each of which is registered in different CCs. The owners are prepared to consider selling these as separate entities.

Nearby facilities include Durban beachfront, 10 minutes away. Ushaka Marine World, 20 minutes away, and La Lucia Mall 2 minutes away and Gateway Mall is 15 minutes away.


# Ensuite: 25
# Parking: 2
Rates And Taxes: 25500
Temperature Control: A/C
Security Features: Alarm, Access Gate
Property Reference #: 3101186

Agent Details:
Wade Latham
Glenvista
Chas Everitt
Chas Everitt North Coast

Id Subtitle 1162495058
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Chas Everitt
Selling for 3+ years
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