11 Bedroom Bed & Breakfast For Sale in Wartburg
R3,950,000
Monthly Bond Repayment R42,806.43
Calculated over 20 years at 11.75% with no deposit.
Web Ref No RL69103
Buy of the Century - Your Time is NOW
This charming, successful Bed and Breakfast is in a prime location in Wartburg and can, currently, accommodate up to 27 people. The B&B business is included in the sale of the property - the average occupancy rate is between 70-80% with peak season being Jan-Mar when occupancy is close to 100%.
This is the only B&B in Wartburg and is a vendor for both sugar mills, the Illovo and UCL.
An inventory list will be supplied of all items that will be sold with the property.
The current owners live in the main house which is set in a gorgeous garden. The sparkling pool is conveniently positioned so that both the house and guest cottages are able to utilize this facility.
The main house has three bedrooms, three bathrooms, study, dining room, kitchen, pantry, scullery/laundry and a storeroom. The house has been beautifully restored with exposed wooden floors, doors and windows. There are two verandas. There are three cottages, a luxury suite, an entertainment room plus a backpackers duplex. In the spacious yard you have 3 garages, 2 storerooms and a staff cottage plus 2 separate staff toilet.
This outstanding property/business needs to be seen to be appreciated. If you are a serious buyer with a passion for the hospitality business then this will be the ideal opportunity to begin a new, exciting chapter.
Give me a call to arrange a viewing -