Retail buy in Mwanzange Tanga

This family owned and managed hotel offers an unusual opportunity to buy an extremely well equipped operating hotel in a fine, safe location just a short walk from the Indian Ocean sea front. Several buildings designed and constructed in the regional style together provide excellent accommodation for guests and staff alike, including all the excellent amenities and facilities to be expected of a high quality hotel. The stylish main building includes a restaurant area, kitchen, cold room and vegetable store, butchery room, cooking utensils room, store, office, bedroom with en-suite bathroom and a garage. The eighteen bedrooms are housed in two separate buildings, with five ground floor and five first floor rooms in one and four on each of two floors in the other. All the guest bedrooms have an en-suite bathroom fitted with an immersion heater and air conditioning units. The third main hotel building accommodates a conference room on its first floor, whilst the ground floor provides a reception room, a curio shop, mini bar, two ladies' bathrooms and two gentlemen's bathrooms. Three further buildings provide accommodation for staff and hotel workers. In total, there are six bedrooms and various bathroom and toilet facilities. Separate buildings provide storage facilities, laundry facilities, a clinic block with two self-contained bedrooms and the changing room block comprising four changing rooms, ladies' bathroom and gentlemen's bathroom. Finally, there are the attractive restaurant building and the watchman's room or guard block. Most of the buildings are described as being in good or very good condition, whilst only the store is considered to need repair and maintenance. The hotel occupies a flat, low density plot of 62,235 square feet or 5,781.82 square metres. It is attractively laid out with a paved compound, flower gardens and includes a medium size swimming pool. Importantly, the property is not located in a flood zone. To summarise, this is a rare opportunity to buy a highly regarded, successful and fully operational hotel with excellent facilities, situated in a safe area of Tanga, close to the Indian Ocean sea front. It is forecasted that, because of the construction of a new crude oil pipeline from Uganda to the port of Tanga, this will add considerably to Tanga's economic activities and that the significant new inward investment which follows will result in property prices in Tanga increasing over a period of several years. Full details of the hotel's facilities and its recent trading history will be provided only to genuine prospective buyers who have signed a Non Disclosure or Confidentiality Agreement (NDA) so as to protect the ongoing trading of the hotel. A copy of this will be provided on request to Investabroad Properties. IMPORTANT NOTICE These details are provided and intended as a general guide only and do not form a contract or any part of a contract. Intending buyers must make their own investigations and are advised to take appropriate independent legal and financial advice. The final sale price may vary due to currency exchange fluctuations. Ref: [hidden]-PS-RL-HIT