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Large Luxury Self Catering Guesthouse In Somerset West For Sale

Somerset West, Western Cape, South Africa
Asking Price:
R26,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R1.5M - R3M
Cash Flow:
R500K - R1.5M

This is an exceptional & pristine property offering a host of different usage options, from the current usage of a luxury self catering guesthouse, to a boutique hotel, to a step down facility to a Gentleman's Estate.

It covers 7000sqm of manicured gardens and is in a prime position within one of Cape Town most popular and exclusive nearby town's of Somerset West.

It is 10min from beach, 10min from many famous golf courses, 10min from many wine farms 30min from airport and centrally situated from all tourist destinations..

Property Information

Real Estate:

Real Property Included

Living Accommodation:

There are a host of options for either a manager or the owners to stay on the property.

Location:

Luxury Suburb of Parel Vallei in Somerset West

Premises Details:

The Estate can be broken down in the following:
RESIDENCE 1
* 3 Bedrooms
* 2 bathrooms
* Sea views
* Full Kitchen with all top of range appliances
* Large swimming pool (Salt & Heated)
* Private outside veranda
* Double Glazing Windows downstairs
* Motorized Security Shutters
* Motorized Sun Shades
* Fireplace
* Under floor heating
* A/C
* Outside laundry room

RESIDENCE 2
* 3 Bedrooms
* 3.5 Bathrooms
* Sea views
* Study
* Fireplace
* A/C
* Full Kitchen
* Master Wash Area
* Pool (Salt)
* Braai Area
* Sauna

SUITE/APARTMENT 1
* 1 Separate Bedroom
* Full Kitchen
* A/C
* Lounge Area

SUITE/APARTMENT 2
* 1 Separate Bedroom
* Full Kitchen
* A/C
* Lounge Area

SUITE/APARTMENT 3
* 1 Bedroom
* Full Kitchen/Lounge
* A/C
* Under floor Heating
* Gas Fireplace

SUITE 4
* 1 Bedroom en-suite
* A/C

ADDITIONAL FEATURES:
* All furniture is included, excluding personal items
* Entire property has just had extensive interior renovations
* Situated in prime suburb
* Borehole of 20 000 litres per day – drinking safe
* Municipal power backed up with a 12KW Photovoltaic system
* 4 x Solar Geysers
* One swimming pool is heated
* Both swimming pools are salt chlorinated
* Garden is fully auto irrigated
* Interior & Exterior alarm
* Cameras Installed
* 1 x Double garage
* 1 x Storage room off garage
* 12 Undercover parking bays

Property can be purchased as a ‘Going Concern’, thereby no transfer costs and VAT at 0%

A video, extra photos and plans are available on request.

Planning Consent:

All approvals are in place for hospitality.

Business Operation

Expansion Potential:

Massive - many options can be facilitated.

Competition / Market:

There are very few similar luxury self catering facilities in Somerset West or Stellenbosch.

Reasons for selling:

Owners wish to downscale - they are in retirement.

Trading hours:

Currently only open during summer. Owners are German and return every year to Germany for 6 months. It is easy to operate over 12 months if a new owner wishes.

Employees:
2
Years established:
20

Other Information

Support & training:

Yes - everything in detail.

Furniture / Fixtures value:
R2,000,000 - included in the asking price
Inventory / Stock value:
R100,000 - included in the asking price
Related Documents:
Home based:
This business can be run from home.