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R19,050,000
Excellent Investment
Would you like to have a sound business in the hospitality industry.... well, this is the perfect opportunity to live your dream.
The property offers you:
38 Rooms with en-suite bathrooms
4 Self catering units
3 bachelor units
Different income streams - pub & grill and bar, slot machines (19), liquor store and the hotel rooms
(licenses for the gambling area as well as the liquor license are available for your to start trading immediately)
Swimming pool in the court yard
Down stairs lounge (borders the swimming pool)
Main kitchen and dining room
Conference room
Upstairs dining area, bar, small lounge and small kitchen
Financial will be available at request
The business is a VAT vendor and therefore will be a ZERO rated transaction if you are also registered for VAT
The Hotel is a stone throw from the main beach of Jeffreys Bay.
Features
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
3,000m²
Land Size
3,000m²
Jeffreys Bay Central, Jeffreys Bay
The town of Jeffreys Bay, also known as J-bay, is located in the Eastern Cape province of South Africa. It is situated just off the N2 Highway, about 75km southwest of Port Elizabeth. The town is a popular tourist destination as a result of its surfing opportunities, abundant seashells, and great seafood.
Property in Jeffreys Bay is priced from R640 000 to R8.5 million and caters to homeowners with different...
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