LOMBARDY BOUTIQUE HOTEL AND SPA FOR SALE - VALUABLE LAND!

The prestigious Lombardy Boutique Hotel & Conference Centre is for sale.

Price: R45m excluding VAT

Located in Pretoria New East, 2km from Silver Lakes Golf Estate,

the new Linton’s Corner shopping centre and 10min from Menlyn Square Casino,

surrounded by all the most important amenities like

schools, hospitals and 3km from the Solomon Mhlangu offramp.

The price of R45 000 000.00 excludes VAT and if purchased in a commercial VAT registered entity, the full VAT amount can be claimed from SARS, saving +-R5 000 000.00 in transfer duty.

The property consists of:

- 4.2 ha land

- 5 Star Hotel (in the past - do need attention now)

- 5 Star Spa - previous tenant paid R150 000.00 excluding VAT monthly

- Hotel consist of:

- 22 x Luxury on suite rooms with air conditioning, bathroom and kitchenette

with presidential and honeymoon suite with private garden, sitting room, fireplace.

Includes minibar, DSTV, air conditioning in all suites, lock safe in each room and Wifi.

2 x private conference rooms.

1 x dining area with patio and breakfast outdoor area.

1 x private dome clay brick dining room and wine collection cellar.

1 x jacuzzi and wood fireplaces in the dining areas

1 x restaurant kitchen and laundry facility

1 x office with reception area

1 x large wedding reception/conference hall that can seat 200 guests

1 x gazebo and clock tower

1 x courtyard with water feature

40 x parkings

- Spa consist of:

Spa reception and dressing area

Treatment rooms

Pool and entertainment area

Kitchen and lunch reception area

Staff quarters

40 x parkings

Sale does NOT include the spa furniture, stock and equipment

No long term or fixed contract with suppliers. New owner may appoint own service providers.

Facility needs attention.

All facilities on one level – no lifts.

Wheel chair friendly.

ZONING: SPECIAL

ZONING OPTIONS:

- Restaurant

- Chapel

- Clubhouse

- Conference

- Special function facilities

- Hotel

- Wellness centre/Health Spa

- Offices

- Sports, play and recreation facilities

- Shops

- Business Building

GROSS LEASABLE AREA MAY NOT EXCEED 12 000M2.