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Hotel Swakopmund ,Namibia ZAR 15,4 million

- The Hotel is in the town of Swakopmund - Namibia's coastal holiday paradise with a distinctly German influence.
- This three star Hotel is ideally located, only 200m from the beach and 2 minutes walk from the city centre.
- The Hotel consists of 35 rooms - all with ensuite bathrooms. Each room is equipped with a satellite TV and remote control, telephone and heater. The bathroom either have a bath or a shower. The Hotel has one luxury suite.
- The rooms are divided into - 5 single rooms ( all with double beds) - 21 twin bed rooms ( with 2 single beds) - 9 x 3 bed rooms ( with three single beds)
- There is a large courtyard for parking.
- The Hotel has it's own laundry, with the newest and technologically advanced machines.
- The Hotel has a top quality Restaurant - seating 115, which is open daily for breakfast, lunch and dinner, with a large a la Carte menu. The restaurant is regarded as one of the best in the area, with a wonderful ambiance and fine dining. Together they produce an excellent income and are a good investment.
The Hotel has been continuously in operation for the last 16 years under the same management. During this time a vast amount of regular customers for both the Restaurant and the Hotel have been established.
The main market of the Hotel are tour groups and self drive tourists. The Hotel has a high occupancy rate and undoubtly one of the highest turnovers in food and beverage. The hotel is one of the few in Swakopmund which is large enough to cater for large tour groups, and has ample parking for busses.
Financials looks good and can be discussed. ( 2001 - 2005 )
About the Property:
Category: Hotels
Star grading by
Namibian Tourism Board 3 Stars
Bedrooms 35 ( 5 single, 21 double , 9 x 3 bed rooms )
Laundry One
Kitchen One
Conference rooms One - seating for +- 40 people.
Stories 2
Bars One public and one private bar.
Restaurant One, seating +-115 people.
Parking Secure indoor and out door parking.
Area 1710m2
Price - ZAR 15,4 million
(* In 2004 , a professional Valuer's valuation was ZAR 16,45 million
Namibia with its strong German influence, has a magnificent coastline speckled with charming little towns rich in history. One such town is Swakopmund.

Call Riaan +27 83 414 7465 Mail versatrade@mweb.co.za
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