R 45 000 000 | business property for sale in equestria

A well-known Boutique Hotel situated in the heart of Equestria. The largest in Pretoria East. The property is situated on 1.2410 Ha of land in an urban area. The 4771 m2 building encompasses 50 rooms, five event venues, two restaurants with kitchens, and a thriving day spa. There are 12 Executive rooms with private gardens, 1 Honeymoon Suite, 24 Standard rooms, 10 Family rooms as well as 2 self-catering units. The five event venues can accommodate from 10 to 350 guests which includes a conference center, boardroom, lapa with boma, banqueting hall and two restaurants. These venues are popular for weddings, parties, anniversaries, baby showers, exhibitions and business gatherings. The beauty spa covers 355sq/m with six treatment rooms, a dressing room and a private patio with a Jacuzzi. The services offered by the hotel include an 18-hour reception desk, 24-hour manned security, same day laundry, a specialized events team and skilled therapists in the spa. Additional facilities include a swimming pool, undercover parking, ample open parking, children's play area, six storage rooms, eight staff accommodation units and two workshops. Energy-saving investments have been implemented including the replacing of 34 warm water geysers with heat pumps and 22 air conditioners with inverters.There is also a generator to service/run the hotel during load shedding. The business has five revenue streams which include: Accommodation (40%) Event Venues (7%) Beauty Spa (23%) Restaurant (25%) Bar (5%) The hotel was renovated to meet four-star requirements and has been rated number four in Pretoria East on TripAdvisor and boasts an 8.2 out of 10 rating on Bookings com. ________________________________________________________ This hotel is situated in peaceful Equestria, an Eastern suburb of Pretoria, a mere 30 minute drive from OR Tambo International Airport. Villa Africa is set in a green and tranquil environment with numerous nearby shopping malls, restaurants, private hospitals, tourist attractions, and historic sites.