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Well Established Guest House In Strand For Sale

Strand, Western Cape
Asking Price:
R3,800,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R622,306
Cash Flow:
R200,000

This Authentic Victorian-style, 4-star Guest House with five tastefully fitted suites/rooms plus owner’s flat, all with dozing ambience of yester years, provide stylish comfort in a relaxed environment easy access to highway and 20 minutes’ drive to cape Town International airport. The guest house offers braai area, homely bar and TV lounge.

Property information

Real Estate:

Real Property Included

Living Accommodation:

Separate full equipped flat on the premises.

Location:

This Guest House is situated in the heart of one of the most popular towns in the Western Cape. The name of the town says it all – “Strand”. It is walking distance from the beachfront and close to the shops and restaurants. From here it is easy to find your way to the Cape’s most popular Wine route and Whale route. Airport and railways are in close range. It carries its 4 stars with pride and proof of it is in the positive reviews given by the guest.

Premises Details:

Authentic Victorian-style, 4-star Guest House with five tastefully fitted suites/rooms plus owner’s flat, all with dozing ambience of yester years, provide stylish comfort in a relaxed environment easy access to highway and 20 minutes’ drive to cape Town International airport. The guest house offers braai area, homely bar and TV lounge.

Size in square feet:
503 sqm main housse

Business Operation

Expansion Potential:

By focussing on an energetic marketing drive concentrating on the strengths of the business, aimed at identified markets, for example the international and corporate client, the occupancy rate could be raised considerable.

Competition / Market:

There are other guest houses in the vicinity but this one distinguishes itself from the competition by virtue of its style, character and service. The owner has had it for 18 years and put his everything in it to create a well-established and leading business.

Reasons for selling:

Owner wants to retire

Trading hours:

7 days per week according to guest bookings

Employees:
2 employees
Years established:
18 years

Other Information

Support & training:

Owner will be available for training and guidance.

Furniture / Fixtures value:
R1,500,000 - included in the asking price
Inventory / Stock value:
R20,000 - included in the asking price

Contact Information

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