Here are the key features that make it an attractive investment:
High Occupancy Rate: The fact that the Inn is consistently fully booked is a strong indicator of its popularity and potential for continued success. This suggests a steady stream of income.
Strategic Location: Its proximity to the Lesotho border can be a significant advantage, as it could attract travelers crossing the border for business or leisure purposes. This location can be leveraged to draw in a diverse clientele.
Amenities for Guests: The 16 guest rooms are well-equipped with essential amenities, offering comfort and convenience to guests. These include beds (single or double), couches, fridges, kettles, TVs, microwaves, and tables. This level of provision enhances the guest experience.
Dining Facilities: The spacious dining room, capable of seating 70 people, is a valuable asset. It allows for the accommodation of large groups, making it an attractive option for events, conferences, and group bookings.
Liquor License: The presence of a bar with a liquor license is a revenue-generating opportunity. This adds an additional income stream to the business.
Operational Infrastructure: The reception area, fully equipped kitchen, linen room, and parking facilities are essential operational components. A well-organized setup ensures smooth day-to-day operations.
Parking Capacity: With parking space for up to 20 vehicles, the property caters to the practical needs of guests, making it an appealing choice for those traveling by car.
Versatile Accommodation Options: In addition to the Inn, the property offers a three-bedroom house, two flats with two bedrooms each, and a range of amenities. This versatility allows for various accommodation options to cater to different types of guests.
Potential for Personal Residence: The three-bedroom house is an additional asset. It could be used as the owner''s residence or potentially be rented out separately.
Income-Generating Flats: The two additional flats, each with two bedrooms, a bathroom, and open-plan kitchen, dining, and lounge areas, represent additional income-generating opportunities.
Overall, this property offers a well-established business with a strong revenue stream, a strategic location, and a diverse range of accommodation options. Its versatility and capacity for events and large groups make it an attractive prospect for potential investors looking for a thriving hospitality venture.
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Key Property Features
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