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Guest house and Restaurant
R 40,000,000
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22 days ago22 views
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General Details
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Description
This 2 Hectare piece of land is the perfect place to start your new business venture. This Restaurant and B&B is just waiting for its new owners to take over. Currently an established and successful business currently with huge further potential. The business is being sold as a running concern, fully furnished and staffed. This prime property would also work well as an exclusive school retirement centre or as staff housing for the local mining business.
The Restaurant can seat up to 400 pax, with 2 Bars, fully equipped kitchen and walk in Freezer room. One arm Bandits generate additional income.
The B&B which runs at excellent occupancy has its own breakfast and dining area, a bar and conference rooms and a fully functioning laundry facility on site. All 19 rooms have DSTV and aircon with small kitchen. In addition to the Restaurant and B&B, there are 4 larger rooms which allow for long term rentals or staff quarters.
Currently there is also a 4 Bedroom home with 4 on suite bathrooms, the facilities of which could be incorporated into the main business.
Property Reference #: COM1752
Agent Details:
James Gresty
National Realtors Group
785 Naivasha RoadSunninghillJohannesburgSouth Africa2157
The Restaurant can seat up to 400 pax, with 2 Bars, fully equipped kitchen and walk in Freezer room. One arm Bandits generate additional income.
The B&B which runs at excellent occupancy has its own breakfast and dining area, a bar and conference rooms and a fully functioning laundry facility on site. All 19 rooms have DSTV and aircon with small kitchen. In addition to the Restaurant and B&B, there are 4 larger rooms which allow for long term rentals or staff quarters.
Currently there is also a 4 Bedroom home with 4 on suite bathrooms, the facilities of which could be incorporated into the main business.
Property Reference #: COM1752
Agent Details:
James Gresty
National Realtors Group
785 Naivasha RoadSunninghillJohannesburgSouth Africa2157
Id Subtitle 1277581281
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Estimated monthly repaymentR 433,483
Total property loan amountR 40,000,000
Total interestR 64,035,879
Total repaymentR 104,035,879
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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National Realtors Group
Selling for 23 days
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