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1,997m² Guesthouse Sold in Helena Heights

R14,000,000

Web Ref No CLS2064

LUXURY 5 STAR GUESTHOUSE/BOUTIQUE HOTEL

Probably the finest Guesthouse in Somerset West - best position, excellent condition, very popular, efficiently operated and very profitable.

Pre-bookings for next season are at an all-time high, with almost R1 500 000 already secured. The recovery phase out of COVID has accelerated at a higher rate than the industry norm.

This well established, popular & bespoke Guesthouse in Somerset West boasts the following:
- 5/5 rating on Trip Advisor
- 9.6/10 rating on Booking dot com
- 9.6/10 rating on Expedia dot com
- 60% bookings are on own website (no comm. to online portals)
- 90% German speaking occupants with high repeat booking rate
- Off the grid with water & electricity
- 5 languages catered for on website
- High Profitability

The Guesthouse property consists of:
- 6 luxury en-suite guestrooms, all with own patio, Air-conditioning and King Size beds.
- 3 Guestrooms have their own wood burning fireplace
- Large African themed Guest Lounge
- Fully equipped pub with lounge
- Managers cottage
- Staff quarters for 3 staff
- Own borehole with filtered water
- Inverter that runs the entire guesthouse for up to 8 hours
- 3 phase electricity available
- Separate sophisticated laundry room
- Large entertainment area
- Fully secured with 15 external cameras & 24hr monitoring
- 100Mb Fibre Internet
- 8 parking bays
- Separate manager’s office plus reception
- Feature Goldfish Pond
- Well manicured indigenous garden
- Solar Heated pool

Noteworthy:
- Bookings are secured for next season
- Guesthouse ranks as number 1 or 2 in SEO searches
- Close to R44 access to wine farms, golf courses, beaches and airport
- Minimal electricity and water operational expenses
- Sale includes all inventories currently on-site, most of which are 5 Star compliant
- Guesthouse commands high Goodwill factor
- Guesthouse from top to bottom is in immaculate condition
- Sale can be as a Going Concern or purchase the Holding Company
- Financials are available

Further Income Possibilities:
- Open Guesthouse for 12 months (currently only open October – mid April)
- Travel & Tourism outlook is extremely positive for 2023/2024
- Target more of the local SA market (currently only 7%)
- Space for a SPA (simple change to existing structure)
- Space for a Conference Facility (simple change to existing structure)
- Space for a further large self catering 2 bedroom suite(simple change to existing structure)

Plans and further information is available on request to qualified buyers.

Features

Open Parkings 8
Building Name SW1 Lodge
Zoning Commercial
Floor Size 1,997m²
Land Size 1,990m²
Air Conditioning Yes
Extras

Entrance Hall
Fireplace
Air Conditioner
Built In Braai
Pantry
Storeroom
Guest Toilet
Patio
Built In Bar
Balcony
Irrigation System
Borehole
Solar Heating
Satellite Dish

Broker Contact Details

Derek Grobler
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 374 367 3)

Cell 079 451 1991
Office (021) 8514141
WhatsApp Me

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