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ZAR 4.9 Million

TKN0607 - KwaZulu Natal Midlands Hotel, Pub and Restaurant

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Price:  ZAR 4.9 Million - currency converter >>>
Size:  1.35 Ha
Ref Number:  TKN0607
Location:  Midlands :: Kwazulu Natal

Note on price:
Hotel only - R4,05 million (1.25 Ha)
Small House - 1000 Sqm

Location:
This popular hotel with restaurant and pub is situated on the R103 in the KwaZulu Natal Midlands between Mooi River and Nottingham Road in a craft and tourism route known as the Midlands Meander. The countryside is extremely beautiful set against the backdrop of the Drakensberg Mountains and enjoying amongst the best river and trout fishing in KwaZulu Natal.

The property is close to some of the most sought after schools in the country, golf courses and Drakensberg resorts, and is right on the junction of the new Springrove Dam, which is in the process of being built and will be as big as the well known Midmar Dam.  This area attracts a large number of visitors and tourists. The property is also just a one and a half hour drive from the coastal city of Durban and less than an hour from the magnificent Drakensberg.

Description
The historic main building dates back to the late 1800's and has been restored to retain its old charm.

An attractive entrance leads through to a bar with a feature fireplace and deck. The restaurant seats 80 diners and leads out to a large and attractive patio which seats a further 40 people.

The well fitted kitchen is tiled with quarry tiles, and includes a pantry, walk-in fridge, a walk-in freezer and a separate scullery area. There is also a office, liquor store with security gate and staff toilet. There are ladies' and gent's restrooms.

The guest accommodation is typical colonial early 1900's style, with high ceilings, wooden floors, Oregon pine windows and doors and large varandahs. There are 4 double en suite guest rooms.  Three rondavels and an ablution facility in the grounds of the hotel offer further accommodation potential.

The manager's flat consists of 2 bedrooms, bathroom with separate toilet and open plan kitchen/dining room.

Outbuildings include garages, storerooms and staff accommodation with ablution facilities. The property includes a borehole and water tanks, and the entire property is fenced with weldmesh.

Adjacent to the Hotel is a building on 1000 Sqm which has 2 bedrooms, open plan lounge/dining room, bathroom, a toilet, kitchen and front verandah.

The two properties are being sold together 
 
The properties are:
Property 1: The hotel buildings and other improvements totaling 810 sqm on 1,23 ha
Property 2: Stand of 1000 sqm which has a well constructed brick under iron building measuring 150 sqm, on R103, ideal for accommodation, shop or both.

Please contact us for more information on this or other Hotels for sale.


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INDICATORS
R 8.34+0.2
R 13.14-0.5
R 10.58+0.0

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