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R105 per m²

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Gross Monthly Rental
R65,000 Excl. VAT
Lease Period
60 months
Availability
Immediately
Deposit
R65,000
Annual Escalation
10 %
Lease Includes
Municipal Rates
Lease Excludes
Water, Security, maintenance and electricity

Business Opportunity: Guest House - TO LET- Mthatha

Ready-to-run guest house available for rent, with catering equipment. Previously operated as a 3-star guest house. Equipment necessary to run a guest house will be at the disposal of the business owner. Rental includes furniture, TV, bedding, and cutlery. The current team can be handed over to new business owners.
Catering material also available. Martial includes chairs, tables, decor and cutlery.

The guest house consists of 16 comfortable en-suite double and single rooms, a reception area, and a fully fitted kitchen. Additionally, the property offers a charming conference room suitable for medium to small conferences, training, and strategic sessions. The property features backup water (tank) and an outlet for generator use.

This impeccably clean guest house offers charm and comfort with ample parking, attracting guests from various walks of life, including actors, businesspeople, travelers, and locals seeking peace of mind.

The property enjoys a well-located position, providing easy access for customers. It is situated within a 3km radius of major amenities, the city center, Ngebs, and Savoy.

The tenant will be responsible for water, general maintenance, and security. The landlord will be responsible for municipal rates.

The property is zoned for business purposes.

The landlord is open to accepting a long lease with a right of first refusal clause included, in case the landlord decides to sell.

Features

0
20
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
620m²
Land Size
1,092m²
Parking Bays
Open Parking Bays
20
Extras
Accommodation • Alarm System • Air Conditioner • Basin • Bath • Carpets • Domestic Bathroom Out Buildings • Common Toilet • Garden • Oven & Hob • Stove • Storage • Shower Toiletand Basin

Southernwood, Mthatha

Welcome to Mthatha, a vibrant city in South Africa's Eastern Cape province. Known for its rich culture, historical significance, and modern amenities, Mthatha offers a unique experience whether you're planning to stay long-term or just visiting. The city boasts a warm, welcoming atmosphere with plenty of activities and attractions to explore. A Brief History of the Area Originally known as Umtata, Mthatha has...
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Postage and Petties:
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Vat @ 15%
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Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

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Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
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GRAND TOTAL:

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