Type: Hotels for sale
Agent: Raymond Johnston
Company: The Miracle Property Group
Price: ZAR R 220,000,000
Featured: No

This magnificent Hotel consists of 143 luxury rooms measuring approximately 7000 metres squared in total.

This is five star quality at three star pricing.

The land size is 3000 metres squared.

There are 34 Parking bays under roof and 10 open bays.
The average suite measures 35metres squared.

There are conference facilities for approximately 220 delegates and the catering is world class.

The entire property and business operation with management contract has been made available for sale.

The price is negotiable from R220 Million

David Smith and English Gaming Consortium.

Please note that there are other major opportunities available in the Hotel and restaurant industry which would include the sale of two very prominent Atlantic Seaboard Hotels. These portfolios would include an investment into a number of very established restaurant brands which are operated nationally through out South Africa and have strong potential for further roll out and expansion.

Please contact Raymond Johnston for a confidential appointment to discuss these opportunities.