Commercial space in Durban CBD

Investment Opportunity with Maximum Potential . The Glouchester Hotel is situated just across the road from Albert Park. Ideally located away from the usual hustle and bustle of CBD. It has been run successfully and operated for student accommodation for the last while. There are 36 single rooms with their own ablutions. There are 6 large double rooms with bathrooms. There are several rooms that can be used for the students to study or just go and relax with friends. There is 24-hour security. There is endless scope to turn this into first-grade accommodation offering the trimmings such as laundry, WiFi, dining just to mention some. There is a conference room which is currently used by the local community on a regular basis. It is also on the taxi route and students can easily Uber to the destinations of their choice. The Glouchester Hotel is being sold as a going concern. Financials are available. The owner is willing to share information that will assist with a smooth transition and continue its success. It is a remarkable financial opportunity. This could be a prime investment opportunity for a buyer with foresight and a keen interest in innovation. Not to be missed!

Liquor and gambling licences are excluded. The owner is open to negotiation.