2478 m² Commercial space in Burgersdorp

R 2 400 000

Archie Norval

Agrisell-Stellenbosch

2478 m² Commercial space in Burgersdorp

R 2 400 000

Can I afford this?
Floor Area 2478 m²
Land Area 2478 m²
Rates R 1425

The definite age of this historic commercial property is uncertain, but it is estimated to be between 120 and 130 years old, maybe even older. The building was used by the British as living quarters during the Anglo Boer War, and has been a lodge/hotel for a couple of years already.

The hotel can accommodate 46 people with 15 upgraded and renovated en-suite rooms, and 9 separate bedrooms with bathrooms for guests situated in the hallway. There is a very neat 1 bedroom flatlet, and an equally neat 2 bedroom flatlet on the property. Furthermore, the hotel has a selfcatering ensuite flatlet (sleeps 6 people), and a 3 bedroom flatlet, with 2 bathrooms, currently used for managements accommodation.

There is a reception area, 1 lounge area, 1 laundry room in the hotel, 1 large conference hall, 1 large bar area, among many other available in the hotel, 6 storerooms, and 7 shaded parking arear for guests. The hotel has 3 small shopping outlet areas allocated and available for guests easy and convenient shopping (2 of these outlets are already rented out, providing an additional income of R4500.00 each per month).

For guests who prefer a pure and traditional dining experience, there is a small diner situated on the premises. The hotel further offers another restaurant, and a kitchen that caters for guests. As assets, the kitchen features 1 walk in freezer, 1 walk in deep freezer, 2 deepfreezes, 1 combination deepfreeze, 2 large storerooms attached to the kitchen.

The hotel has an already signed contract with an established company, furnishing it with 5 computers, 15 telephones (situated in the en-suite rooms), and 12 cameras for an already determined monthly cost.

Water, electricity, and grond/erf belasting amount to an average of R15 000.00 per year.

Management are able and available to stay on for 3 months, if requested, for training of new staff etc. Current staff can be kept when buying hotel with negotiation to salaries.

This is a unique opportunity to own an economically viable commercial property in the heart of the beautiful and serene Karoo for a fraction of the price that this kind of property would sell for in the city.

For sale R2 400 000.00

Read More

Email the Agent or request the agent Call You Back should you wish  to set up an appointment to view this property or ask for more details.

Contact Agent

Sending Message...
By sending, you agree to Private Property's terms and conditions

Photo Gallery

Share this Property

Need a Home Loan?

R
R
*
%
 
Monthly Repayment

Loan Value (Capital) R 0
Total Interest R 0
Total Repayment R 0
Interest at 10.25% for 20 years
Apply for pre-approval
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.

Similar Property for Sale in Aliwal North

2478 m² Commercial space in Burgersdorp

R 2 400 000

2478  m² Commercial space in Burgersdorp photo number 1
2478  m² Commercial space in Burgersdorp photo number 2
2478  m² Commercial space in Burgersdorp photo number 3
2478  m² Commercial space in Burgersdorp photo number 4
2478  m² Commercial space in Burgersdorp photo number 5
2478  m² Commercial space in Burgersdorp photo number 6
2478  m² Commercial space in Burgersdorp photo number 7
2478  m² Commercial space in Burgersdorp photo number 8
2478  m² Commercial space in Burgersdorp photo number 9
2478  m² Commercial space in Burgersdorp photo number 10
2478  m² Commercial space in Burgersdorp photo number 11
2478  m² Commercial space in Burgersdorp photo number 12
2478  m² Commercial space in Burgersdorp photo number 13
2478  m² Commercial space in Burgersdorp photo number 14
2478  m² Commercial space in Burgersdorp photo number 15
2478  m² Commercial space in Burgersdorp photo number 16
2478  m² Commercial space in Burgersdorp photo number 17
2478  m² Commercial space in Burgersdorp photo number 18
2478  m² Commercial space in Burgersdorp photo number 19

Contact Agent

Sending Message...
By sending, you agree to Private Property's terms and conditions

Apply for a Home Loan

Contact
Agent