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R 4 900 000

Commercial Property for Sale in St Michaels On Sea

St Michaels On Sea, Margate

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2 572 m²
- m²: 2 572 m²
- Hectares: 0.257 ha
- Acres: 0.636 acres

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Established guesthouse in prime position

Situated on Marine Drive, easy to find and in full view of passing traffic, ensuring constant trade with a high occupancy. Consisting of 8 well-appointed, en suite guest rooms, one has the entrance from the garden with a secluded seating area. There is a reception, which leads to the large open-plan dining and lounge area with a built-in bar, these open to the secluded front gardens with a swimming pool, braai, and leisure seating scattered around the pool. There is a large functional kitchen, linen store and general office, a stairway outside leads to the loft room which is used as storage. Water tanks take care of occasional outages, ensuring constant supply for the guests. At the lower end of the property, completely separate, is the small portion to accommodate 4 caravans, complete with laundry and 3 bathrooms. This guesthouse has been established for many years...

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Property Overview

Listing Number

113872888

Type of Property

Commercial Property

Description

Guesthouse

Lifestyle

Coastal/Beach

Listing Date

20 January 2024

Erf Size

2 572 m²

Rates and Taxes

R 3 300

Zoning

General Residential

Building

Facing

Above Road

Roof

Tile

Wall

Plaster

Standalone Building

Yes

Number of floors

Points of Interest

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