PROPERTY SOLD AT AUCTION: KAROO ART HOTEL, BARRYDALE

AWARD WINNING KAROO ART HOTEL ON AUCTION!

The saying goes that whenever a difficult time is experienced (aka COVID 19) an EXCELLENT opportunity will present itself!

This is one of those moments, the historic, funky KAROO ART HOTEL is going on auction on 31st March 2021.

The 4-star graded hotel is situated in the iconic Barrydale town. The very definition of a karoo town, with its rich history. Situated on the world famous R62, tourist of all types from near and far transverse this popular route and this makes the Karoo Art Hotel a gem.

The building has been operated as a hotel since 1888 and the building offers something new and something old, which adds to its dynamic appeal and feel.

The hotel has been loved and cared for by the current owner for the last 9 years and has during his tenure accumulated numerous awards:

- - - - Diners Club Diamond Wine List award – 3yrs running
      - Eat Out Award / Klein Karoo Smulpaap Gourmand awards

The time has now come to pass the batton onto the next proprietor who will enjoy the further benefits the property and business have to offer.

The property offers several income generating streams:

- - - - Accommodation
      - Restaurant
      - Pub
      - Events (Weddings, Birthdays etc.)

The property is situated on a 2974sqm erf, with multiple buildings and infrastructure as outlined below:

15 en-suite rooms, consisting of:
- 1 x Garden Suite (the prime room)
- 5 x Groot Karoo bigger rooms
- 9 x Klein Karoo standard Rooms
Art Gallery and Conference room
Hall, known as the Balanti Hall (originally the local village bioscope), used for weddings, functions, gigs etc.
A 40-seater bioscope (movie room)
Pool facility, consisting of
- Large swimming pool with surrounding seating area
- Pool and games room for children and teens
Courtyard with beautiful gardens and seating for lunches
2 x en-suite staff quarters (one being slightly larger for a manager)
Two attic rooms (one with bathroom) used as a dormitory when needed
Off street secure parking for guests
A Bar with a fireplace as well as a small stage for bands and DJ’s
Reception area
Restaurant with fireplace (40-seater)
Wrap around balcony on the ground floor
A small office
A large inviting lounge with fireplace
Kitchen
Laundry, maintenance facilities and various storerooms
Bathroom Facilities for Bar/Restaurant/Events hall

The hotel and premises are going on auction lock stock and barrel. This gives an astute buyer the ideal opportunity to keep the successful business running as soon as the tourists return post COVID.

Being a hotelier, not for you? How about become a landlord and hire out the various businesses and earn a strong monthly income!

Perhaps even covert the hotel to long term accommodation………………..

OR convert the property into a rehab facility, this is in high demand and the possible returns on offer are very appealing.

The KAROO ART HOTEL premises and iconic address of Barrydale is possibly the finest investment you could make this year!

Both the property and the business are owned in VAT entities and thus VAT will apply.

Look forward to seeing you at our auction!

For further details contact the auctioneer.