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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

0
8
Building Name:
SW1 Lodge
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
1,997m²
Land Size
1,990m²
Parking Bays
Open Parking Bays
8
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

Helena Heights, Somerset West

The beautiful Somerset West area is located within the Western Cape province of South Africa. Somerset West is only a 40-minute drive from Cape Town and is in the heart of the Winelands. The area has become highly popular among global investors and vacationers alike, primarily because of its serene rural lifestyle, secure swimming beaches, and abundant opportunities for various sports and recreational activities....
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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

198,841.24

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