This is a perfect opportunity to purchase this well run 26 key, 4 star hotel on Fish Hoek beach. The added advantage is that the property is already sectionalized, providing many development opportunities or Air BnB rental. This is the time to capitalize on the booming tourist trade.
The accommodation is situated in the very heart of Fish Hoek, across the road from Fish Hoek Beach.
This is a perfect tourist location, with easy access to Dalebrook pool, the quaint shops in Kalk Bay and fascinating Simonstown. Only 9.6 km from Boulders Penguin Colony's 3 beaches, penguin viewing area and boardwalks. Then a short drive to Cape Point Nature Reserve. The Airport is only 40kms away. Currently, the hotel offers shuttle services.
This hotel has been privately owned for 17 Years and the owner is selling due to other business commitments.
The Erf size is 991 sqm.
The hotel has a very good rating on Trip Advisor of 4,5 and on Booking the property has a 9,3 rating. Plus, it has more repeat guests that other properties. This is added value to this investment, as money cannot buy good ratings.
There is a total of 26 Rooms.
This consists of 20 mountain-facing rooms and 6 Superior rooms, with sea views.
The rooms are all ensuite and include flat-screen TVs, free Wi Fi, air conditioners, tea and coffeemaking equipment, and air-conditioning.
In-house kitchens provide breakfast and catering for other functions.
The busy Conference Centre consisting of 3 separate venues. One venue can accommodate 50 cinema seating. The other conference room has 24 cinema seating, plus there is an additional breakaway room.
The conferencing facilities have audio-visual equipment. Catering is provided in house.
There are 10 off street parking bays and plenty of street parking.
The building has been well maintained over the years. There is a generator that can run for up to 2,5 hours.
Financials are available. The sectional title approvals are also available. The sale will be a share transfer deal.
There is a planned upgrade and development of the Fish Hoek beach facilities, which can only improve the potential of this business.
This property is primed for a new owner to reinvigorate this business.
The sale price is R25 000 000 ex VAT, there is no transfer duty.
Viewing is strictly by appointment only.
If you are interested in viewing this property, call Frances to arrange a viewing, or to discuss any industrial/ commercial or retail property requirements that you may have.
