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R19,500,000 | 928m² Hotel For Sale in Simons Town Central

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R19,500,000

92 & 94 St Georges Street

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R14,912

928m² Hotel For Sale in Simons Town Central

Prime location marking the middle of the Historic Mile, the aptly named Central Hotel occupies a truly enviable position in the landscape of Simon’s Town. If you’ve been looking for a remarkable venue with several options, this may well check the boxes. Currently operating as a licensed hotel (on premises consumption), the top floor includes ten en-suite rooms, a dining room, meeting room, kitchen, outside courtyard and laundry and store rooms. Two retail outlets occupy the ground floor premises with the owner of the building being one of the lessees. The Bottle Store business, including liquor licence and stockholding is for sale separately to the building itself, however, the owner will consider a negotiated offer should a buyer wish to purchase both. Further info re the leases available upon request. The advertised sale price of the property excludes VAT which will become payable upon purchase.

The building would benefit from some upliftment and the touch of a visionary who appreciates the value inherent in this iconic stretch of examples of our architectural past. Simon’s Town is home to the densest, still intact and in-use collection of such properties in South Africa and is currently a highly sought after destination, both for leisure activities and for living.

Features

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Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
928m²
Land Size
1,077m²
Extras Sea View
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-34.1933616, 18.4340534
Esther Le Roux
Esther Le Roux
Property Practitioner Registered with PPRA
(FFC 1147320)
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