Bed & Breakfast 5 Star Freehold
Stock Included: —
Stock Value: —
Years Est: 27
Gross Revenue: —
NEW TO THE MARKET.
Due to retirement, this superbly presented 5 star B&B is available for a discerning buyer.
With four exquisitely designed double rooms, each with a large ensuite and a fully self contained granny flat this business will generate easy money for you.
The property features an owners residence with 4 bedrooms and 2 bathrooms and is centrally located on 2400m2 with delightful gardens and a large swimming pool. The 4 guest rooms have their own shared lounge and access is separate from the owners residence. The self contained granny flat also has separate access and all guests have full access to the large swimming pool.
Included in the price is:
*4 bedroom, 4 bathroom guest house.
*4 bedroom, 2 bathroom owners residence.
*Self contained Granny Flat, used for guests.
There is absolutely nothing to spend on this business and you receive absolutely every piece of equipment needed to continue the success of Armadale Cottage. As the owner, your day is very short, providing breakfasts for guests and changing laundry. By about 9am you day is free!. You can earn a very good income from just a few hours daily and be sitting on a property goldmine at the same time.
Recently rezoned from R40 to R60, the property also has very attractive development options.
Recent awards are:
Expedia: 5 0ut 0f 5
Wotif: 5 out of 5
Hotels combined: 9.5
Gold Star AAA: 5 Stars
Reviews from satisfied guests are in abundance and with over 27 years of success, 15 years under the current owners, the business has a solid reputation.
During the covid lockdown in 2020, occupancy was often 100%, it was particularly unaffected. Some guests stay just 1 or 2 nights whilst many stay of weeks and a large percentage are repeat customers.
Armadale Cottage is located in what can best be described as a private sanctuary. Just 800 metres from the Armadale Hospital, many guests are either patients family or medical professionals. The hospital even promotes the B&B for you!
Price $1.3m. Note the owners are serious sellers!