Guest House – summary of facilities• The guest house is 2 ½ years old. • It is centrally located, only a 5 minute walk to the village, restaurants and

cliff paths for whale watching in season.• It consists of 5 guest suites all with full en-suite bathrooms and a separate

lounge area with a double bed sleeper couch in each room to accommodate a 3rd adult per suite or children sharing with parents. The suites all have separate entrances and overlook the pool and beautifully landscaped garden.

• There is a heated saltwater swimming pool, with a kids’ splash pool.• There is a large covered braai area, with built in seating and a built in bar

and cloakroom.• The manager’s suite has a private entrance and consists of a bedroom, full

bathroom, lounge, dining room and private garden with a water feature. This suite is suitable for a single or a couple to live in/manage.

• The guest house has a licence for 5 rooms, and there should be no problem in renewing this licence as all laws have been complied with.

• There is secure parking for 8 vehicles, 5 for the guests at the back, and 3 for the manager and visitors.

• There is remote controlled access (secure parking) as well as a security alarm installed to the manager’s quarters and panic buttons to the guest rooms.

• Working facilities include a fully fitted kitchen, a separate scullery and a separate laundry room, as well as a reception area and breakfast room.

• The erf size is approximately 1407m2.• All the furniture and fittings would be included in the sale price, except the

personal belongings of the manager and furniture in the manager’s quarters. See inventory list below.

• There is a fully installed PABX system in reception and through to the guest suites.

• Facilities in the suites include: tea/coffee making, fridges, TV’s with 7 channels, fans/heaters, hairdryers, safes, phones, panic buttons, full en-suite bathroom, separate lounge area in each room with sleeper couch.

• All equipment, linen, furniture etc is in a very good state, and will not need replacing. No additional expenses. Can continue trading ASAP.

• The website was recently upgraded, and incorporates a live, ‘real-time’ booking system. Marketing in place includes listings on over 30 different websites, advertising in the Hermanus info booklet, advertising in the ‘big book’ publication as well as listings with many tour operators, who send regular bookings.

• The cc can be bought, as apposed to the asset from the cc, which means that the purchase does not have to go through the deeds office, as the property remains in the name of ‘sempre properties cc.

• The purchase comes with an approved DTI grant, which carries over to the new owner. The current owners have gone through all the red tape and paperwork of applying for the DTI grant (no new applications are being accepted). The DTI grant has been approved by the government, and the first payout should be shortly.

Inventory list:

Item Qty Price TotalComputer & printer & software Computers CEM 1 R10277.10 R10 277.10kettles clicks 6 R250 R1500.00LG washing machine Top Carpets

and appliances1 R2829.00 R2829.00

Defy tumbledrier Top Carpets and appliances

1 R1999.00 R1999.00

Whirlpool oven hob & extractor Top Carpets and appliances

1 R5981.00 R5981.00

Whirlpool fridge/freezer Top Carpets and appliances

2 R2299.00 R4598.00

Whirlpool bar fridge Top Carpets and appliances

5 R1249.00 R6245.00

LG 52cm TV Top Carpets and appliances

5 R1499.00 R7495.00

Rest Assured Queen mattress Rest Assured/strand foam

3 R1482.00 R4446.00

Rest Assured single mattress Rest assured/strand foam

4 R950.76 R3803.04

Bedroom units with desk area Creative cupboards

5 R2440.00 R12200.00

TV cabinets Creative cupboards

5 R2667.00 R13335.00

Bathroom units Creative cupboards

5 R785.00 R3925.00

Desk chairs Creative cupboards

5 R80.00 R400.00

Kitchen,scullery, pantry, laundry and managers cupboards and passage shelving

Creative cupboards

1 R44147.00 R56214.00

Pool relaxers by Bugan furniture bugan 2 R750 R1500.00Dining room table with 4 chairs Weylandts

HOmestore Greenpoint

5 R2335.50 R11677.50

Pool relaxers Weylandts HOmestore Greenpoint

5 R805.50 R4027.50

Lamps and shades Weylandts HOmestore Greenpoint

10 R241.20 R2412.00

sleeper couches The lounge factory

5 R2875.00 R14375.00

Reception arm chairs The lounge factory

2 R1300.00 R2600.00

Queen beds Bedroom basics 3 R2903.00 R8709.00Single beds Bedroom basics 3 R2111.00 R8444.00Bedside tables Bedroom basics 10 R791.00 R7910.00Reception desk Bedroom basics 1 R5455.00 R5455.00Coffee tables Bedroom basics 6 R1150.00 R6900.00Assorted signage Sign-it R8500 R8500.00All kitchen equipment (crockery, cutlery, Banks supplies R10 000.00

small appliances, pots, etc)All linen (3 sets per bed, and 2 sets per sleeper couch)and towels

Melaire linens R17 000.00

Safes- digital game 5 R349 R1745artwork Ruby creations 14 R950 R13300Lawn mover 1 R795 R795Pool cleaning equipment R1000 R1000Garden tools R300Patio benches weylands 2 R2995 R5990Garden table/bench 1 R800 R800Ironing boards, ironing press, irons R2200

R270887.14

Guest house overheads:Managers salary (plus live in for free in managers quarters)NOTE: this will adapt according to whether purchaser wants to live in, and only have day time receptionist, or: if the purchaser want to have a live in receptionist, and manage the business themselves, but not live on the premises.

R5000

3 permanent staff: 1 cook @ R1500, 2 cleaners @ R1300 R4100Part time gardener 3 shifts per week at R70 per shift R840Telkom (average, incl ADSL line) R1400Bank charges (incl credit card commissions) average R1500Electricity and water R2200Multi choice R665Maxitec web hosting and banner adverts R570Safe security R130Groceries (breakfast ingredients etc) approximate R3000Website links R300Gas R1180Accountant R250Advertising (take publications and divide by 12) R300Stationary and sundries R300Real time booking system R199.50Insurance R750Total: R22684.50