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property for Sale

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Price: On Application
Ref No: 13707838

COMMERCIAL FOR SALE

in LA MERCY, KWAZULU-NATAL, SOUTH AFRICA
28 ROOM HOTEL INCLUDING 3 TRIPLE ROOM FAMILY SUITES | DIRECT BEACH ACC
 
Listing Agent
 

Luke Hearn
 
 
Quick Links
 
 
 
Listing Office
 

In2assets.com
 
 
 
Listing Features
 
Listing Description
  • Bedrooms: 0.0
  • Bathrooms: 0.0
  • Garages: 0.0
  • Extrior Type:

 
  28 Room hotel including 3 triple room family suites | Direct beach access | 3 Conference & banqueting halls| ± 25 km North of Durban <a href="https://www.youtube.com/watch?v=2pQjYGruds4" target="_blank">CLICK HERE TO VIEW VIDEO</a> Locality The property enjoys a central location within the heart of La Mercy on the Indian oceans edge and is located at 230 South Beach Road. La Mercy is situated between Ballito and Umhlanga.It forms part of the greater northern corridor and is accessed via the M4, which is easily accessible to the N2 Freeway. The township forms an integral part of the expanding northern corridor with large scale developments underway in Umdloti to the south and Ballito & Zimbali to the north. It is predominantly a middle to high income residential area, which is supported both by the Ballito and Umhlanga CBDs. The property is situated on South Beach Road which intersects with the M4, the main coastal route running from Ballito to Durban. South Beach Road is accessed via the M4 to the north and south. Most amenities are located within Ballito, Umdloti, and Umhlanga and are within a short driving distance. There are shopping centres in close proximity including the Umdloti Shopping Centre, Gateway Shopping Centre, Ballito Lifestyle Centre and the Umhlanga Shopping Centre Primary use Set on the sunny shores of KZN’s fast developing North Coast, The La Mercy Hotel caters for all. With 28 fully fitted rooms, including three multiple room family sized suites, the hotel accommodates over 68 people.The property has a rich history within the area and is a well-known location for a delicious Durban curry.The Hotel caters for banquets, weddings and conferences in three separate halls of varying sizes accommodating upwards of 250 people. The Hotel enjoys a very high average occupancy level of 70%. Two large solar panels on the roof of the Hotel provide power to sustain the entire building, which is backed up by a 200kva generator. The Hotel also has a 30 000 Litre JoJo tank as a backup water supply. The Hotel has also seen a recent upgrade of the internal lifts; it makes use of individual air-conditioning units in each room which are still under a 4-year guarantee and is under constant surveillance with a CCTV system. With the Hotels prime location, customers can choose between lounging on the beach or enjoying a refreshment at the pool area. The Hotel offers meals at its restaurant and customers can buy alcohol through either of the Hotels’ two bar facilities. The Hotel has ample parking space and also boasts staff accommodation, a workshop, and multiple storerooms. Additional income is generated by the Hotel via 4 cell-phone tower leases, a bottle store, and a tote. The sale includes all movables. To participate in this physical auction each bidder has to follow the registration procedures.
 
     

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Last modified: Wed, 17 Apr 2019 01:00:00