Summerstrand PE Guest House near Beach

Summerstrand PE Guest House near Beach

Eastern Cape, Nelson Mandela Metropole, Summerstrand

R4 500 000
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Web Reference: D6.1.5 ACJOR 0004

This well-priced, fully self-catering guest house within walking distance of beach, shopping centres, University and all beachfront activities & entertainment, is up for grabs! Sold as a going concern. Perfect for: Business, holiday, semi-permanent or overnight accommodation. Application for flat rights in progress.

7 Fully Self-Catering flats:

3 x 2-bedroomed flats
3 x 1 bedroomed flats
1 x studio flat - sleep 33
Consent for 9 flats.

Plans drawn for additional 2 x 2-bed flats
Laundry, servant's bathroom (shower, basin, toilet)Paved court yard with washing line, 2 x Remote Control entrance gates, storeromm, 4 x braai area.
Average turnover pm: R 52 815.00

Average occupancy pm: 48%

No liquor licence

Registered in a Trust: " Pollok Beach Trust "
Registered for Vat.

Includes full inventory - and all garden furniture. AS IS !!

Application for FLAT RIGHTS in process *****
Sold as going concern.

One house from Radisson Hotel/behind Pick & Pay

Price - R4.5M All offers will be considered.

Rocky Valley Properties Associate Agent

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