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Bountiful Grape Farm In Wellington For Sale

Wellington, Western Cape, South Africa
Asking Price:
R25,680,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R3,090,000
Cash Flow:
R1,890,000

Highly confidential sale.

Kindly complete and return the Confidentiality Agreement using pdf software and return it to our offices.

All the information about this lucrative opportunity will be released to you.

This beautiful 59.15-ha farm has been in existence for more than a century and under the ownership & control of the current owner for nearly 50 years.

The farm predominantly cultivates grapes of different varieties which are sold to Wellington Wines.

They have ventured into many other cultivars but at present they cultivate vegetables. e.g. Cole, Sweet Potatoes, Butternuts, and Gherkins.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

There is a modern 4 bedroom house of approximately 450 m2 with double garage and some outbuildings. There are 5 cottages for workers and another store with three rooms.

Location:

In the Wellington area some 5 km radius

Premises Details:

The equipment is housed in a relatively new industrial-type building of approximately 800 m2 which consists of the main store used to shelter the Tractors, Trailers, and Spray Equipment. There is a large office, a separate fully equipped flatlet, and another double garage as well.

The terroir is good for viticulture and topography consists of undulating to partially inclined portions of land (inclines are not more than 15% along the hillsides). The farm has a typical Mediterranean climate where hail is not known to occur often.

Size in square feet:
51 ha
Planning Consent:

All approved and in place

Business Operation

Expansion Potential:

Huge expansion potential

Competition / Market:

There are plenty of farms surrounding this venture

Reasons for selling:

Wants to retire

Trading hours:

08h00 to 17h00

Employees:
The owner together with 14 permanent staff members. Additional personnel are source in on a temporary basis during pruning and harvesting
Years established:
More than 100 years

Other Information

Support & training:

The owner will stay on for as long as it takes to transfer the knowledge

Financing available:

Banks will look at financing

Furniture / Fixtures value:
R24,000,000 - included in the asking price
Inventory / Stock value:
R3,000,000 - included in the asking price
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