Nikita Portuguese Restaurant & Motel - offers to bid on

WEB REF: 11933 Nikita Portuguese Restaurant & Motel – offers to bid on


DETAILS

The well-known Nikita Portuguese Restaurant & Motel in Hartbeespoort represents a great investment opportunity

Park Village Auctions is inviting offers to bid on a well-known Restaurant and Motel in the Hartbeespoort area which represents an unmatched investment in one of Gauteng’s fastest-growing tourist destinations. Situated on the R512 adjacent to the newly established Lion Park, just 12 kilometres west of the Lanseria International Airport, this establishment has all the ingredients for success.

With 29 fully furnished rooms, each with their own kitchenettes and bathrooms, Nikita Portuguese Restaurant & Motel for up to 300 guests, represents a going-concern with a great deal of potential for growth. Other features of this property include a comfortable conference facility with kitchen, large dining room, bar and lounge with fire place, a games room, storerooms, cold room and covered parking. The property also includes two additional houses and staff accommodation adjacent to the Motel. The 53767sqm property also has borehole-irrigated gardens and picnic spots with braai facilities for guests.

Commenting on the property, PVA’s Peter Havenga says Nikita Portuguese Restaurant & Motel represents a fantastic opportunity to purchase a well-known and established business in the tourism and hospitality industry.

“This Restaurant and Motel lie within the thriving tourism and recreation area of Hartbeespoortdam with its sprawling upmarket residential Estates and Golf Courses. Its existing guest rooms are in good condition, which represents a perfect opportunity to seamlessly continue the operation. The additional houses also represent a great opportunity to be converted into lodging or a spa which will restore the property as one of the leading lodges in the area.”

All improvement plans and rights pertaining to the property are available for verification. Interested parties are invited to contact Peter on 083 486 6030 for a personal viewing of the property.

CONTACT Peter
083 486 6030
BANKING DETAILS ABSA
Account No: 0101 5220 577
Branch Code: 633405
Nedbank
Account No: 1286 0028 69
Branch Code: 128605
FNB
Account No: 5041 1185 834
Branch Code: 254005
Standard Bank
Account No: 200 547 674
Branch Code: 006305