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Family Owned Hotel & Restaurant For Sale

5 Winston Ntshona Street (Chapel Street), Port Elizabeth, Eastern Cape, South Africa
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Asking Price$625,000
RevenueUndisclosed EstablishedUndisclosed
Cash FlowUndisclosed Employees32 full-time
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
The Phoenix Hotel, family owned for 50 years - situated in the heart of the historic district downtown.
The Hotel is comprised of The Stage Door Bar - seats 55/60 -  The Cantina Restaurant - seats 55/60 -  The Back Stage Cocktail Bar 25/30  - Accommodation consists of 11 letting rooms - 6 with bathroom on suite (9 recently themed - 4 with Public bathrooms - the top floor is completely refurbished. This floor also contains a managers flat  -2 bedrooms, lounge, kitchenette with bathroom and toilet. There is also a small flat on the lower floor with 2 bedrooms and 2 bathrooms. The Hotel has 3 lockup garages - 1 used for storage, and 6 off street secured parking bays. All public bathrooms and toilets have recently been upgraded.
Find us on:-
Facebook at Stage Door Phoenix Hotel Port Elizabeth (36 Thousand Followers)
Website www.phoenixhotel.co.za
Facilities:The Hotel contains a going restaurant and pub together with 11 double rooms.Situated in the downtown heart of the historic district of Port Elizabeth.
Sale Reason:Owner is looking to retire.
Ad #109862
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