This is a compelling opportunity to acquire a fully operational, income-producing hospitality business with strong fundamentals and clear value-enhancement potential. Trading as the Pearston Hotel, the property offers immediate cash-flow with the added advantage of scope for refurbishment and repositioning, allowing an investor or owner-operator to unlock further upside through strategic upgrades. The sales price is VAT exclusive, making it particularly attractive to VAT-registered purchasers seeking efficiency and value in a going-concern acquisition.

The Pearston Hotel is a recognised local landmark with a long-standing trading presence. While the property retains its traditional character and historic charm, it presents a renovator’s dream for buyers seeking to modernise interiors, refresh guest spaces and elevate the overall offering. Existing investments in energy and water infrastructure already mitigate operating costs, enabling capital improvements to focus primarily on guest experience and yield growth.

The property spans a total land extent of 6,522 m2, incorporating Erf 317 and 326, together with additional Erven 318, 325, 329, 330 and 425. Improvements include 1,012 m2 under roof for the main hotel and 382 m2 of outbuildings, providing flexibility for phased upgrades, reconfiguration or future expansion.

Accommodation comprises 11 rooms, with 10 guest rooms currently in operation, all en-suite and configured with a mix of double, single and bunker beds. Bathrooms offer a combination of baths and showers. Selective refurbishment would allow a purchaser to enhance room categories, increase nightly rates and broaden market appeal.

Guest and operational facilities include a distinctive reception area, a fully functional bar with a striking bar counter, dining room, lounge and a small function venue seating up to 50 guests. The outdoor courtyard and backyard create further opportunity for curated events or upgraded function offerings. A separate flatlet provides on-site accommodation for a manager or owner, reducing staffing costs and supporting hands-on management during renovations.

Operational efficiencies significantly enhance long-term profitability. A solar power installation supplies approximately 85% of electricity requirements, with municipal power supplementing high-demand appliances. Solar-powered inverter systems deliver immediate hot water to guest rooms. Water resilience is ensured through a borehole, water storage tanks and a pressure pump, supporting uninterrupted operations. Internet connectivity is supplied by a well-known service provider.

Certain furniture items shown in marketing material are the personal property of the current owner and will be removed; a detailed asset inventory will be confirmed with interested purchasers.

This property offers a rare blend of trading income, infrastructure security and refurbishment upside, making it ideal for investors seeking a value-add hospitality acquisition with the ability to improve returns through thoughtful modernisation.

Contact me to arrange for a visit and viewing of the property.

Pearston, Eastern Cape

R 3,000,000

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