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2,700m² Hotel For Sale in Patensie

Silent Tender Auction: An excellent lifestyle/business opportunity not to be missed!!!! This highly recommended hotel in the small peaceful and friendly little Eastern Cape farming town of Patensie is situated nearby the Baviaanskloof Mega Reserve. This pet friendly hotel offers conference facilities and a restaurant which serves South African cuisine and drinks can be enjoyed by the pub.Nearby activities include horse riding, fishing, Big 5 game viewing, bird watching, cycling, mountain biking and swimming.

The hotel consists of the following:

14 Rooms of which 8 are recently renovated
8 en-suites
4 x additional bathrooms
All rooms and public areas air conditioned
Large fully equipped licenced bar
50 seater restaurant
Large 2 x stoep areas for dining
Outside braai area
2 x large office areas
Fully equipped kitchen with walk-in freezer/cold rooms (newly renovated)
Conference/wedding area fully equipped for approx. 150 pax
Large garden areas
2 x large outside apartments for rental income.(both newly renovated) – approx. 10k/month.
Generator backup system included
Inverter systems for whole building included
Irrigation system fitted for large garden areas

10% commssion plus Vat over and above "bid amount"

CCH are obligated by law to market the property at the Reserve Price as listed herein. A "Reserve Price" is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property's market value, nor the amount the property is likely to be sold for on the day of the auction or on acceptance of an offer.

Tenders Closes: 19 February 2020 at 12 Noon

Features

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0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
2,700m²
Land Size
6,000m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the CCH (Cape Coastal Homes / City Country Homes) website is accurate and up to date, CCH (Cape Coastal Homes / City Country Homes) makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

12,532,675.03

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