Van Rensburgs Auctions will host a public auction of the Victoria & Alfred Boutique Hotel in Walmer, Gqeberha (Port Elizabeth) on 26 March.
This superb property comprises a boutique hotel, guest house, conference and events venue on a stand of 2 525m².
The property is ideally located for both business and leisure accommodation – a mere two minute drive from the Chief David Stuurman International Airport (formerly known as Port Elizabeth Airport) and five minute drive from the city’s blue flag beaches.
This unique property lends itself to various types of use, offering an income stream from different segments of the market. The ample on-site parking is a huge plus point.
It has 12 guest rooms, 2 conference rooms, a restaurant, bar, reception, office, lapa, swimming pool, kitchen and more.
Details of auction
Date: Friday, 26 March
Time: 11:00
Venue: on-site at 63 Villiers Road, Walmer
Lock, stock and barrel sale – all movables are included in the transaction
Summary of Auction Conditions of Sale
- 10% deposit & 10% + VAT commission payable on day of auction
- There will be a period for higher offers after the auction, which will close on 30 March 2021 at 12:00 noon. The sale shall be subject to confirmation by the Seller by 1 April 2021; however, the seller may accept or decline the offer before 1 April 2021.
- Balance purchase price payable against registration of transfer
- Occupation upon registration of transfer
- VAT payable on purchase price
For more information, visit www.vanrensburgsauctions.co.za or phone 044 878 2877, or Daniel van Schalkwyk (Auctioneer) at 083 255 4245.
