GUESTHOUSE, PROPERTY + RENTAL INCOME - CBS 329

Price: ZAR 4 800 000

Property ID: CBS 329
Industry Sector: Real Estate
Location: Overberg, Western Cape

 SOLE MANDATE

This is a wonderful opportunity for a lifestyle change to a relaxed, country environment + RENTAL INCOME. A large property, fronting onto a main tourist route, north facing and overlooking a beautiful Overberg valley.

The lodge dates back to early last century and has been devotedly returned to much of its original splendour with solid oregon pine floors, ceilings, doors & furnishings.

The owners live in the lodge and cater for guests BUT do not market the B&B as they are retired.

The deal includes: 

  • Rented bistro on lease + renewal option. The bistro is a landmark venue for locals, tourists and groups
  • Caters for the lodge guests.
  • Four rented self-contained apartments each on annual 1 year renewable leases.
  • Main house/lodge: 6 ensuite guestrooms, large kitchen, breakfast area, wooden deck, large cellar under house, refuse & generator room, brick garden shed and stable.
  • Registered with NAA-SA.
  • Three double-garages & additional off-street parking.
  • 120 sq.m retail shop under lease.
  • Stable & shed on an extensive grassed property.
  • The property can accomodate animals, orchards or farming.
  • Own “leiwater”
Stock in Trade: N/A
R.O.I: N/A
Turnover: N/A
Operating Profit: ZAR 26000 + pm
Asset Value: ZAR 4,4 mil valuation
Size of Premises: 6200 sq.m (1000 sq.m buildings)
Lease: N/A
Rental: N/A
Staff: 1 house cleaner
Year Established: 1940’s and 2004 as B&B
Legal Entity: Sole proprietor
Reason for Selling: Moving to retirement complex

OUR SERVICES INCLUDE

  • Assessing a fair market value of your business
  • Assistance with information required
  • Trust and confidentiality in negotiations
  • Providing qualified buyers
  • Matching your business with qualified buyers in our database
  • Marketing plan for the sale of your business
  • Listing your business on our own and top websites we subscribe to
  • Feedback on progress regarding serious buyers
  • Viewing arranged by appointment only
  • Information on what buyers really want
  • Preparation of sale agreements and facilitating the sale process

 

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