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R1,500,000

LUCRATIVE BUSINESS FOR SALE - LICENCED HOTEL (STUDENT ACCOMMODATION)

Lucrative Business catering to an insatiable Market Sector, operating out of 3 Storey Building with 2 Street Frontages and Basement Parking for 10 Cars. Accommodations include : Ground Floor Conference Room, Bar & Entertainment Room, Reception/Security area, 45 X En-Suite Bedrooms, 6 X 2 Bedroom Flats, Communal Kitchens, Laundry Rooms, all fully furnished & equipped. Building boasts all Aluminium Windows & CCTV Cameras. 100% let to Students. Manager Run, Income received 97% in Cash & 3% EFT. Lots of further potential.

Features

10
0
Title:
Freehold
Building Name:
Shalom Hotel
Zoning:
Mixed Use
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
1,000m²
Building Height
4m
Parking Bays
Basement Parking Bays
10
 
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R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

19,822.61

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