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Description

Online Auction – The Willets Hotel with restaurant situated in prime central location in Simonstown, 106 St Georges Street. Bids now open from R9 million plus auction 10% commission plus vat over and above the offers. This property is a vat registered entity and is sold lock, stock & barrel. Bidding/offers close on 31st May 2020 unless sold prior.

The property currently comprises an elegant restaurant with private events room and 11 unique and stylishly decorated en-suite guest rooms.

The Hotel offers breakfast in their stylish restaurant and luxury amenities in each room, mini bar fridge, built-in cupboards, safe, complimentary coffee and tea facilities, large flat screen TV’s with satellite packages as well as complimentary WIFI. The restaurant offers seating for approximately 45 guests as well as a private dining or function room there are 2 beautiful guest cloakrooms as well as one cloakroom off the function room. The kitchen is fully equipped with gas cookers and all necessary equipment to facilitate catering as well as a scullery area and staff toilet facilities. . A magnificent original 200 year old staircase leads to the upper floors. The entrance also has a reception station for administrative purposes. All electrical fittings are brand new and the building boasts beautiful brand new chandeliers throughout. The building is adjacent to Union Lane – with wonderful potential for "al fresco" dining as well as existing space for a retail outlet/ beauty salon/wine shop etc. The restaurant has a liquor licence. The property is SOLD fully equipped and fully furnished. 

5% DEPOSIT AND THE AUCTION COMMISSION OF 10% PLUS VAT IS PAYABLE ON OFFER SUBMITTED. VAT REGISTERED ENTITY WITH POSSIBLE ZERO VAT TRANSACTION

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Details

Updated on May 27, 2020 at 9:50 am

  • Reference #: 1300207
  • Price: R9,000,000
  • Suburb / Town: Simons Town
  • Property Type: House
  • Bedrooms: 11
  • Bathrooms: 11
  • Living Areas: 4
  • Building Size: 578.0 m²
  • Stand Size: 329.0 m²

Address

106 Saint George's Street

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