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R 15 000 000 | business property for sale in pretoria central

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Property Description

Long established Hotel, fully re-zoned with approved building plans and with full liquor license. Very well appointed in the CBD area and with great trade visibility. The Hotel offers a Reception area and lounge plus 5 offices with 6 bathrooms. It has a lucrative Night Club with about 400 people capacity and another huge function area for hire. In addition, there are ample secured parking spaces to accommodate 46 cars and 3 staff quarters. The Hotel offers different types of rooms: Standard, Executive, all en-suite. Deluxe rooms are also en-suite. One Family room has 2 bedrooms, lounge and en-suite bathroom. Furniture, linen and electrical appliances are included. A great opportunity for an entrepreneur to add this establishment to his/her portfolio. Pretoria, which lies roughly 50 kilometres north of Johannesburg, is the administrative capital, one of three capital cities in South Africa. Stand on the slope at the Union Buildings and look towards the Pretoria CBD (central business district) and you will get a real idea of the number of official and historical buildings in town - there are some notable structures that dominate the skyline including the State Theatre and the Reserve Bank of South Africa with its famous office tower.


Property Details

Property FeaturesBuilding Name: Lulli Lulli Hotel

Purchase Price R 15 000 000

Type of PropertyBusiness

Last Updated03 May 2023

General Features

SecurityAccess Gate, Security Post

Property Location

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