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Port Shepstone Central · Business For Sale

1922 m² Business For Sale in Port Shepstone Central

  • R 4,999,000
  • 1922 m²

Port Shepstone is known as the administrative, educational and commercial center of the South Coast and is positioned halfway between Hibberdene and Margate , approximately 120 km south of Durban.

Previously recognized as a poplar and superior and conference hotel, Kapenta Bay is positioned on the edge of the Indian Ocean shore of Port Shepstone. Kapenta Bay offers 180 degree sea views.

Kapenta Bay Resort has sold off each of its hotel units to individual residents and remaining ground floor mixed use components are for sale. Positioned alongside the beach in a sought after holiday town. Common facilities of the complex include a pool, braai areas and secure basement parking, large open entertainment area with ready access to the beach.
The ground floor of Kapenta Bay comprises of Sections 53, 54 , there is a liquor license , which is not transferrable and it is the responsibility of the Purchase to apply for such certificate at his own cost.

Section 53 & 54 provides an excellent business opportunity to the hospitality service industry wit a complex that focus on elegance , luxury and leisure.
Section 53 : (Gross Area 294 m2), comprises administrative office supported by a board room, storeroom and ablution facilities, this section further comprises lounge area that is set between an 80 seater conference room and bar. The bar is supported by a cold room and the patron seating area, there are split unit air- conditioners throughout as well as ducted air - conditioning and pre-paid electricity, these facilities open out to the common entertainment areas of the complex.

Section 54: ( Gross Area 1467m2), Comprises the exiting hotels reception office with a further 5 administrative offices . This section consist of 180 seater restaurant spread out surrounding the buffet area. This restaurant links to a 250 seater functions/ events room and then to 3 conference rooms. All 3 conference rooms can be used as one huge venue as well. Each conference room has its own set of ablution facilities and storerooms. The restaurant, function / events room and the rooms all open to an entertainment area with sea views. All these components are further supported by a furnished catering kitchen with cold room, freezer room and prepaid electricity. Towards the western boundary of section 54, there are staff change rooms, staff canteen, staff ablution facilities, a laundry and an off street shop / take away.

Section 56: ( Gross Area 64m2), Comprises of 6 storerooms, that are positioned on floors 1 to 6 of the residential component of Kapenta Bay. These store rooms will be ideal for storage of the laundry's linen and consumables.

Section 2: ( Gross Area 97m2) Comprises of a storage room that is positioned in the basement parking area which can be supportive to the restaurant, conference facilities , function / events room or for the offices.

All assets as per Annexure "A" are included in the Sale.
Exclusive use Area: 25 Parking Bays

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Property Information & Features

Property Type
Business
Listing Type
For Sale
Location
Port Shepstone Central, Port Shepstone
Price
R 4,999,000 · Get Pre-Qualified
Price per m²
R 2,601
Floor Size
1922 m²
Erf Size
1922 m²
Commercial Zoning
Yes
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Area Rating · Port Shepstone Central, Port Shepstone

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Excellent

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Business For Sale in Port Shepstone Central
R 4,999,000
  • 1922 m²
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