The property listed below is no longer for sale. Click HERE to view other properties in the area.

R 8 500 000 | business property for sale in somerset east

Rentbay no property image

Property Description

This beautiful hotel situated in Somerset East, in the Eastern Cape, South Africa, is for sale, it consists of 14 rooms, different sizes, 6 budget rooms, each room with a basin, 4 on the balcony, using newly built communal bathrooms, 4 showers, 3 toilets, and 2 basins. 1 backpacker room also using communal bathrooms, 7 en-suite rooms (2 with showers and 5 with baths). Big storeroom and an extra storage closet upstairs. Also lounge upstairs with DSTV, balcony with chairs and tables, kitchen for Tennant's to use, Ground Floor, sunroom for breakfast area, beautiful dining area with a wooden bar, grill, and storage room, extra enclosed stoep with own entrance, can be used for a small shop, spacious kitchen with pantry and extra laundry area, office in front with wooden counter and extra office for cameras, solar power for the ground floor, Capitec bank ATM, lounge area with a men's and woman's restroom, bush pub with extra gambling area, with teller also with a restroom for men, extra lock up twin room for 2nd hand shop. The hotel has cameras throughout the premises and ample parking with an electric swing gate. 6 storerooms at the back, 4 flats with monthly income. (4 with own pay meters), beer garden with chickens, rabbits, zebra finches, doves, and koi fish. 7 Solar geysers, 2 boreholes, one with 3 phase pump, fully furnished, stunning view of the Bosberg mountain, including a beautiful 3 bedroom house with a bathroom, study, dining room, lounge, kitchen, balcony with wood and tile flooring. It also has a lovely fireplace for those rainy, winter nights. Lovely built-in cupboards in the kitchen and bedrooms. The house is separate from the hotel, Asking price is R8,5 mil for the Hotel, including the house. We can also assist in the application of bonds, and doing free evaluations on your properties, at Talana Foot Real Estate. Every effort has been made to ensure the content of this advert is correct, however, no responsibility will be borne for any errors or omissions it may contain.


Property Details

Purchase Price R 8 500 000

Building Size1376 m2

Price Per SQMR 6177 m2

Type of PropertyBusiness

ZoningCommercial

Last Updated14 Dec 2023

Rooms

Bathrooms8

Property Location

Similar Property in nearby suburbs

Add Email Alert
To receive emails for similar properties in Somerset East!


Close