Parkmore Lodge goes on auction (7 en-suite rooms), on 23 Nov at Southern Sun Grayston Hotel

Description:

• A standard Parkmore home on 991m2 was converted into a B&B a decade ago, it is now a thriving business with seven (7) bedrooms, 4 Star grading and is established in the Sandton area.
• This well positioned B&B is close to Sandton and has good access to Rivonia, Hyde Park and other prime areas of Jhb North.
• Set a beautiful garden, the house has seven bedrooms en suite, a small study, open plan kitchen dining room and staff quarters.
• The business has been established for over a decade.

Background information:

• The Sellers brought the property in mid 2007 and have made some significant improvements over the past 2 years. They have invested by changing the décor, replaced the soft (linen, curtains, towels) and hard (flat screen TV’s, DSTV decoders) items.
• The lodge has thus maintained a very high level of standards and has maintained its status as an upmarket 4 Star establishment.
• The property is well looked after, neat, clean and attracts business people, and upmarket guests for 2 or 3 night stays in the week.

Market information:

• Parkmore Lodge appeals to the discerning clientele who need to be close to Sandton, but do not want to stay in a large corporate Sandton hotel.
• The Lodge has many ‘repeat’ and longer term guests who generally stay between Monday and Thursday for between 2-3 nights.
• They generally get picked up and dropped off by colleagues or friends, and occasionally have ‘hired’ cars.
• These are business people, who arrive after dinner and leave first thing in the morning after breakfast.
• During the day time, there is little or no movement.
• Typical holiday periods are quiet, April, 2nd half of Dec and 1st half of Jan
• Parkmore Lodge has recently received a glowing report and subsequent upgrade to 4 Star by the South African Grading Council, as well as ‘Highly Recommended’ by the AA.

• As a founding member of SEGAR (Sandton Exclusive Guesthouse Association) this body is representative of 24 (4-5 Star) establishments and is not taking on any new members).
• Parkmore Lodge has also invested in the development of a new, modern and stylish website which can be seen at www.parkmorelodge.co.za ‘Goggle’ Parkmore Lodge and see what comes up.