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Commercial building For Sale with a Lodging Business in a Prime Location in Umbilo.

R 19,500,000

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Prime Property presents a 597m2 commercial building with an established lodging accommodation business for Sale. A Rare Find! Empire Lodge is located in the vibrant Umbilo Precinct. Strategically positioned on the bustling Umbilo Road, this property enjoys unparalleled visibility and accessibility. It is in close proximity to the Port, across the Road from the UKZN Medical School and many well known businesses in the area. It is a short distance to Durban Central and the beach front. Empire Lodge boasts a well-established reputation, enjoying high occupancy rates and popularity amongst its patrons.Ideal investment opportunity for the discerning buyer or investor. A location crafted for prosperity and creativity. The commercial property offers a fifteen room lodging accommodation. It consists of a licensed bar that is fully equipped, a juke box to keep the patrons entertained, slot machines, pool table. A fully equipped kitchen to showcase some culinary skills. It consists of an additional, spacious five bedroom unit that can be designed for student accommodation or long term letting; the possibilities are endless. A retail unit that is presently tenanted.Sales Price: R19 500 000.00 ex vat.Price is slightly negotiable.The lodge offers a unique blend of comfort and elegance. Boasting fifteen, fully furnished bedrooms(three of the bedrooms consist of double beds and twelve consist of single queen sized beds), all en-suite with showers, air conditioned, TV and wifi. A spacious five bedroom on the upper level of the bar that can be designed as additional rooms for lodging, long term letting or student accommodation.A laundry room on the ground floor with staff quarters and ablutions.A large storeroom.Backup power(inverter).CCTV coverage. The spacious, licensed bar with a sit down area, pool table, juke box, slot machines. Great entertainment.A large, fully fitted kitchen.A spacious reception area.The retail unit is a ground floor, front facing unit on Umbilo Road.The parking lot can accommodate nine cars. It is safe and secure, gated with security. It can be found in the back of the building. There is ample road side parking available.Financial statements and additional information are available upon request. Dont delay! Seize this incredible opportunity! Contact me today to arrange your exclusive viewing of this gem of a property.Property Reference #: CPP4271Agent Details:Verashka MaharajPrime PropertyShop 57 on Millennium BoulevardUmhlanga Ridge4321

Prime Property

South Beach

R 19,500,000

Save

Prime Property presents a 597m2 commercial building with an established lodging accommodation business for Sale. A Rare Find! Empire Lodge is located in the vibrant Umbilo Precinct. Strategically positioned on the bustling Umbilo Road, this property enjoys unparalleled visibility and accessibility. It is in close proximity to the Port, across the Road from the UKZN Medical School and many well known businesses in the area. It is a short distance to Durban Central and the beach front. Empire Lodge boasts a well-established reputation, enjoying high occupancy rates and popularity amongst its patrons.Ideal investment opportunity for the discerning buyer or investor. A location crafted for prosperity and creativity. The commercial property offers a fifteen room lodging accommodation. It consists of a licensed bar that is fully equipped, a juke box to keep the patrons entertained, slot machines, pool table. A fully equipped kitchen to showcase some culinary skills. It consists of an additional, spacious five bedroom unit that can be designed for student accommodation or long term letting; the possibilities are endless. A retail unit that is presently tenanted.Sales Price: R19 500 000.00 ex vat.Price is slightly negotiable.The lodge offers a unique blend of comfort and elegance. Boasting fifteen, fully furnished bedrooms(three of the bedrooms consist of double beds and twelve consist of single queen sized beds), all en-suite with showers, air conditioned, TV and wifi. A spacious five bedroom on the upper level of the bar that can be designed as additional rooms for lodging, long term letting or student accommodation.A laundry room on the ground floor with staff quarters and ablutions.A large storeroom.Backup power(inverter).CCTV coverage. The spacious, licensed bar with a sit down area, pool table, juke box, slot machines. Great entertainment.A large, fully fitted kitchen.A spacious reception area.The retail unit is a ground floor, front facing unit on Umbilo Road.The parking lot can accommodate nine cars. It is safe and secure, gated with security. It can be found in the back of the building. There is ample road side parking available.Financial statements and additional information are available upon request. Dont delay! Seize this incredible opportunity! Contact me today to arrange your exclusive viewing of this gem of a property.Property Reference #: CPP4595Agent Details:Verashka MaharajPrime PropertyShop 57 on Millennium BoulevardUmhlanga Ridge4321

4mo

Prime Property

South Beach