R15,000,000

97 bedroom commercial for sale in Evander

RECENTLY RENOVATED ICONIC HOTEL IN EVANDER.

A once in a lifetime opportunity has presented itself. Owner has just emigrated and has reduced the price of the hotel even further for a quick sale.

Never to be repeated price reduction of this magnificent hotel in Evander. Assets to the value of more than R30m going for a steal at R15m net.

On offer is this newly renovated and revamped hotel.

The hotel is situated in Evander close to Secunda. It is historically a mining town which is now situated in the hub of the commercial and industrial area of Mapumalanga.

The hotel provides for affordable governments rates during peak and off-peak seasons and services clients from the Provincial Government, Agricultural Sector, SASOL, Eskom and a number of mines amongst others the Vander Kolf Mines & Leandra Shanti Gold Mines.

The hotel comprises of 98 rooms in two wings and has a grand foyer and lounge with an inviting fireplace to welcome guests.

There is a gym and spa for delegates as well as an internet café with wi-fi hotspots throughout the hotel.

Each of the bedroom wings (Block A & B) consists of 20 bedrooms on the ground floor and 20 bedrooms on the upper floor.

The other wing consists of 18 self-catering apartments with its own kitchenette, lounge dining area and a patio for your own private braai. Each unit has its own parking bays in front of the units.

The rooms are all furnished with top quality beds and linen. All of the rooms are en-suite with a full bathroom and can be configured for 2 single or 2 double beds.

There are three conference facilities, seating up to 100 delegates each.

The dining room with has a large buffet counter area seats 120 people. The kitchen is fully equipped for hotel catering with ample lock up storage facilities, Prep rooms and walk-in fridge and freezers.

Over weekends the establishment is popular for weddings, private functions and kiddies parties.

Outside there is a pool with a boma and bar facilities for outdoor entertainment.

Secure outside parking for guests as well as undercover parking for long term guests.

The business will be sold as a turn key operation fully functional operation with all key staff personnel who have been employed by this hotel for many years

Past 3 years financials of the business will be available on request by all pre-qualified clients. All booking occupancy systems will be made available as well as the computer server and network.

Pre-qualifying clients will receive a business pack consisting of all the necessary documentation.

The liquor license, booking system and all other contracts will be transferred to the new owners upon conclusion of the transaction.

All offers on the reduced R13m will be accepted.

Property Type
Commercial
Bedrooms
97
Bathrooms
97
Stand Size
11,561m²
Pool
Yes
More Features
Yes
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Get to know Secunda
Secunda is a fairly new town built around coalfields in Mpumalanga - named so, for being the second extraction refinery location for oil from coal (second to the Sasolburg refinery).
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commercial listed on 08 Dec 2020