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815m² Guest House For Sale in Cannon Hill

R2,995,000

Web Ref No 6346553

Prime commercial property with multiple income opportunities.

This property is set in a beautiful well maintained garden with plenty of water features to enhance the ambiance of the establishment. The coffee shop/restaurant is spacious and equipped with two kitchens, cocktail/bar area and two separate dining room areas with in- and outside seating available. Conference venue with kitchen facilities as well as a bar area with a large undercover veranda that is the perfect setting for a wedding or a conference. Open air wedding area also available. Adjacent to the conference venue is the Guest House with five spacious bedrooms plus a fitted kitchen to make it more convenient for the guests. There is also a cottage which consists out of four bedrooms, two bathrooms, living room and fitted kitchen could also be rented out to generate more rental income. .It is at this moment under lease till end of September 2024. List of furniture and equipment included can be provided on request . This is without a doubt a once in a lifetime opportunity to gain financial freedom.

The property consists of the following

1. Coffee Shop area:
- Outside shaded seating area – 50 people - Outside children’s play area – 15 children- Inside seating area – 25 people- Reception desk- Fireplace
- Air-conditioned- Coffee serving area- Fully operational kitchen- Office area accommodating 2 desks- Separate Male and Female bathrooms
- Stoep at the back (can also be used for seating up to 15 people)

2. Conference Room 1:
- Situated next to the Coffee Shop- Can be closed off for private functions and used separate from Coffee Shop- Seating for 30 People
- Fully licensed bar- Air-conditioned- Projector for presentations- Serving area (for example Buffets)

3. Cottage:
· Full Kitchen· Spacious living room· Outside patio – overlooking the garden area.· Outside Braai facilities in the enclosed yard area.
· 4 Bedrooms (One with a ceiling fan, one with air-conditioning, all can easily fit a Double Bed, one with a Double and a Single Bed, all with built in cupboards)· 2 Bathrooms, both with shower and bath. One bathroom is en-suite to the main bedroom.· Double Story – one bedroom on ground floor and 3 upstairs

4. Conference Room 2 / Wedding Venue:
· Seating 120 – 150 people· Fully licensed bar· Fully operational kitchen· Air-conditioned· Projector for presentations· Serving area (for example Buffets)· Separate Male and Female bathrooms· Large undercover stoep seating area of 15 people

5. Guesthouse:
· Fully operational kitchen·· Breakfast room· 5 Bedrooms with en-suite bathrooms ( One family room with kitchen for self-catering purposes
One bridal room with en-suite with corner bath)· 3 Bedrooms air-conditioned· Outside garden area

6. Outside garden area:
- Garden close to Wedding Venue for Wedding Ceremony- 15 on-site parking’s and ample outside public parking- Ground floor of main building used for storage

- Electric gate access- CCTV- Monitored Alarm system View by appointment only.

Property is registered in a trust and is VAT registered. VAT must still be added to selling price Sole and Exclusive Mandate



Features

Zoning Commercial
Monthly Rates R6,007.00pm Excl. VAT
Floor Size 815m²
Land Size 2,177m²

Broker Contact Details

Madelyn Gerber
Candidate Property Practitioner
Registered with PPRA
(FFC 202 374 059 7)

Cell 0824998514
Office (041) 9224381
Bennie Gerber
Candidate Property Practitioner
Registered with PPRA
(FFC 202 374 059 8)

Cell 0824600562
Office (041) 9224381

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