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24 Bedroom Guest House in Phalaborwa

 

PROFILE    
Description:    Situated in the Phalaborwa CBD, this property offers 24 rooms with 24 en-suite bathrooms. 16 Self catereing family units of main double and second room twin singles plus 8 double rooms. There is a large, shaded and neatly paved parking area, reception, office building and a fenced swimming pool.
Industry / Sector:    Hospitality - Hotels and Guesthouses
LOCATION    
State / Province:    Limpopo RSA
City / Town:    Phalaborwa
Location / Area:    Close to Kruger National Park Phalaborwa gate
Portability:    Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
PRICE    
Asking Price:    R 7 600 000
FINANCIAL & OPERATING INFORMATION    
Turnover:    - not disclosed -
Profit:    - not disclosed -
No. of Staff:    0
Year Established:    1990
Legal Persona:    - unknown or withheld -
Other Information:     
  ROOM CONFIGURATIONS  
16 family units consisting of:
- Main bedroom with double bed
- Second room with two single beds
- Bathroom: bath, basin, loo
- Self catering kitchen
- Each unit has two entrances and a barbecue area
- Television with DStv

8 single units consisting of :
- Bedroom with 2 single beds or one double bed
- Ceiling fan or air-conditioner
- Private entrance
- Television with DStv
- Communal barbecue facility.

  ASSETS  
All furniture and equipment needed to be operational is included in the sale. Personal belongings will be removed.

  MARKET LOCATION  
This is a well known guest house situated close to Kruger National Park's Phalaborwa gate.

  REASON FOR SALE  
Owners want to retire and move to the coast.

  FINANCIAL STATEMENTS  
Financials are available upon request.


 

 

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Record ID: 2638
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