R 7 950 000 | bed & breakfast property for sale in margate

Property Description

Sole Mandate... Reduced making this a fantastic opportunity to be your own boss and own a lucrative guesthouse. Well run established Bed and Breakfast ready for new owners! Situated within walking distance of the beach & bustling village, offers 4 star luxury accommodation and superb views. From the pool deck or your own private balcony, you have an expansive 180 sea view, where you can relax and watch whales and dolphins play. Each of their 14 luxury air-conditioned rooms has an en-suite or private bathroom and private balcony with sea view. House and garden security alarm. Low maintenance with face brick exterior. You will Definity be charmed by this grand beauty, will the large open plan living space that opens out onto the deck and pool area. Separate braai area adjacent to the pool. Three undercover guest parking bays. Walk in and start operating, with a loyal business customer base, the new owners would already be starting out with a leg up. Phone me today, I would love to discuss this opportunity with the new potential owners....


Property Details

Purchase Price R 7 950 000

Building Size1012 m2

Price Per SQMR 7855 m2

Monthly Rates4000

Type of PropertyBed & Breakfast

Land Size2020 m2

Pets AllowedYes

FurnishedYes

Last Updated06 Feb 2024

Rooms

Store RoomYes

Study1

Laundry1

Kitchen1

Bedrooms14

Bathrooms12.5

Reception Rooms

Lounges1

Dining Room1

External Features

Swimming PoolYes

Patio1

Outdoor Livingface brick/plaster

Garages2

Carports3

General Features

SecurityYes

RoofingTile

FlooringCarpet

Property Location

Similar Property in nearby suburbs

Agent

Gen Stockdale

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