32 Bedroom hotel for auction in Middedorp, Beaufort West

TRADITIONAL ROYAL HOTEL BEAUFORT WEST FOR SALE!

Going on Auction: Wednesday 27 November 2024
Reserve Price: R3 300 000.00. (All offers will be reviewed)
Expected opening bid: R3 150 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

Do not miss out on this incredible investment opportunity. 32 room (all en-suite) hotel on the N1 in Beaufort West offering 4 single, 14 double and 12 family rooms. Very well-known 6552m2 commercial space featuring the charm and history of this town. Huge reception areas and offices. Various dining rooms, conference rooms and bar ideal for a restaurant. Other rooms for various uses (laundry etc.) Very large garden creates plenty of space for outdoor gatherings. Extras include air-conditioning and a fireplace as well as braai facilities, storage space, walk in cooler, and a beautifully crafted wooden bar. The seller disclosed minor defects. Onus is on the purchaser to repair all defects. Only the property is for sale, and it is not offered as a running concern.

Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.