PROPERTIES FOR SALE South Coast KwaZulu Natal

Properties on the South Coast KwaZulu Natal

 

PROPERTIES FOR SALE South Coast KwaZulu Natal

MARGATE HOTEL:  / KwaZulu Natal Margate Hotel South Coast KwaZulu Natal South Africa

MARGATE LANDMARK HOTEL!!!...MARGATE LANDMARK HOTEL!!!...MARGATE LANDMARK HOTEL!!!...MARGATE LANDMARK HOTEL!!!...MARGATE LANDMARK HOTEL!!!...MARGATE LANDMARK HOTEL!!!...

Margate Hotel

Margate Hotel Margate Hotel
Margate Hotel Margate Hotel

 

Landmark Hotel, premier holiday destination.

 

On offer is a renowned landmark hotel, in the premier holiday destination

of Margate.

Exceptionally centrally located, literally all amenities are within easy walking

distance, this includes Margate's Golden Mile beach.

In addition to its ideal location, the present owners for the last 20 years, have

created a welcoming ambience well supported by the locals for all manner

of social activities.

Within easy driving distance are several professional golf courses, diving and

fishing spots and nature reserves.

It goes without saying the region is renowned for its year round sub-tropical

climate and long sweeps of pristine coastline.

The hotel is spread over two stands and the property comprises as follows:-

1) The residential stand plays host to a double storey building comprising of

2 flats. the top flat measures 100sqm plus a balcony of 13sqm. This is used

by the present hotel owners as their residence.

The lower flat measures 86sqm, and is an ideal permanent letting option.

The entire extent of the residential stand is 1013sqm.

 

2) The hotel stand comprises 3 hotel buildings. The main building with an annex

building adjoining the main building, plus in a separate building, the dining room,

kitchen and staff quarters.

 Set in established sub-tropical gardens is a swimming pool, kiddies paddling pool

plus rondawel.

 

The main building is double storey, the annex is part double storey and part

single storey. Together they off 30 rooms (some converted to storerooms),

bathrooms and toilets, hotel reception, private bar with 5 gambling machines

and pool room, hotel office, beer garden, a public bar and games room.

The public bar boasts direct access from street level.

The separate single storey building accommodates the dining room with bar,

the kitchen and adjoining cold room and staff quarters.

 

Gross floor areas are as follows:-

Main building      915sqm (ground and 1st floor)

Verandah      50sqm

Annex      610sqm (ground and 1st floor)

Dining room, kitchen and staff     239sqm

Cellar (storage)     117sqm

 

The stand is 4923sqm in extent.

 

Town planning zoning applicable to hotel stand as follows:-

Use zone: (existing) General Residential 2.

Height restriction: 6 storeys

Coverage: 50%

Floor area ratio (FAR): 0,75

 

A rezoning application is currently under consideration by the Municipality.

The use zone and applicable conditions applied for cover both stands as

follows:

 

Use zone: General Commercial/ Residential

Height restriction: 6 storeys

Coverage: 75%

Floor area ratio (FAR): 1.25 (residential 0.75)

 

A full inventory will be supplied on request.

Additionally the following certificates are in order:

Electrical compliance.

Business license.

Gas certificate of compliance.

Fire and safety certificate.

Pest control certificate.

Liquor license.

 

Additional information will be available on request.

After the above deluge of information, the most attractive and relevant

factor is the solid history the establishment share with the community

and town.

A genuine opportunity to own and run a renowned establishment.

 

CONTACT :  Roger CELL:      083 267 7319

                                             -  E-MAIL   lynrog@telkomsa.net

 

 

MARGATE HOTEL:  / KwaZulu Natal Margate Hotel South Coast KwaZulu Natal South Africa

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