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Protea Hotel by Marriot in Worcester Cumberland, Boland

Leisure

Opening Bid

28,000,000

Current Highest Bid

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Property Highlights

This newly renovated 55 room hotel includes standard and deluxe Rooms - 4 family suites - 6 studio rooms and a Presidential Suite.
The “De Breede” Restaurant seats up to 200 people.
There is a cocktail bar and a public bar.
The Hotel has five conference rooms with state-of-the-art equipment and facilities which seats 40 to 350 delegates.
Ideal for weddings - events - seminars - training - banquets and dinner parties.
Including a leisure centre with a fully equipped gym - pool - indoor squash court - sauna and jacuzzi.
The hotel has a large garden area ideal for weddings.
Off street secure parking.
The sale includes the hotel with all its content and the adjoining liquor store.
All will be sold as a going concern.

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Sales Executive Details

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Descriptions

Going on Auction: Wednesday, 23 September 2020 at 12h00 Viewings: By Appointment only Opening bid: R 28 Million Reserve Price: R 32 Million (All offers will be reviewed) Contact: Marc Schutte 0649381719 / Daniel Paulse 0784289701 /Tanya Jovanovski 0799803457 Please note the property consultant will explain all bidding options to you pre auction. Bidding options: - Phone bidding by calling The Rawson auction office 079 980 3457 - Electronic bidding by email: tanya.auctions@rawson.co.za - Online bidding: You can register on www.instantproperty.co.za Auction Terms: 1) no registration fee to bid 2) Non-refundable 5% deposit of purchase price on fall of the hammer (Payable by the buyer) 3) Non-refundable 10% commission plus VAT over and above purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer) Payment strictly by bank guaranteed cheque or EFT (we regret no cash) Whilst all reasonable care has been taken to obtain the correct information, neither Jovanovski Properties CC T/A Rawson Auctions (“Rawson Auctions”), nor any of its subsidiaries and related companies, nor the Sellers, guarantee the correctness of the information, and none of the aforementioned will be held liable for any direct or indirect damages or loss, of whatsoever nature and howsoever arising, suffered by any person as a result of errors or omissions in the information supplied, whether due to the negligence or otherwise of Rawson Auctions, its subsidiaries and related companies, the Sellers or any other person. The information contained herein is for information purposes only and is not a substitute for a thorough due diligence investigation. INDEMNITY Rawson Auctions, the staff and the auctioneer indemnify themselves against any claims, damages or being sued because of any litigation between the purchaser and the seller relating to the auction of the property. Rawson Auctions is not liable for any litigation between the purchaser and the seller. Consumer Protection Act regulations stipulate that all bidders be registered and that they bring certified copies of their identity documents and proof of residence.

Disclaimer

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on www.instantproperty.co.za, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.