AUCT-002440 | On Auction

Commercial Landmark Property with Retail Shops and Hotel in Mthatha CBD

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    2025-03-27 11:00:00
    Commercial Landmark Property with Retail Shops and Hotel in Mthatha CBD

    Commercial Landmark Property with Retail Shops and Hotel in Mthatha CBD. Windsor Hotel, 36 Sutherland Street, Mthatha Central, Mthatha, Eastern Cape

    Extent: ± 2 742 m² | GLA: ± 3 830 m² (Hotel is ± 3 200 m² & Retail ± 630 m²) | There are no valid lease agreements in place | The property is currently occupied by occupants not authorized by the Seller | Neither the Seller nor the Auctioneer guarantee any vacant occupation

    Umtata Central, Eastern Cape


    Landmark Property On Auction in Mthatha Central

    This well-known building in the Eastern Cape City of Umtata runs from Madeira to Sprigg Streets which are one-way roads entering and leaving Mthatha and offers the hotel component, a open parking area and a retail component with various shops.

    Situated in the heart of the CBD, this property offers multiple opportunities as it stretches across the block from Madeira to Sprigg Streets which are the main roads entering and leaving Mthatha.

    This property boasts high foot traffic and excellent visibility due to the fact every vehicle must pass it whether entering or leaving Mthatha on the N2.
    The property offers retail opportunity as well as an existing hotel that could be changed to retail on the ground floor and accommodation on the six floors above. The property also has approximately 1200sqm of open parking onto Sprigg Street which could be developed.

    These properties are strategically located in the City Centre and are surrounded by various national tenants (Spar, Total, Shell, Steers, etc) offering exceptional retail opportunities for the buyer with the right foresight.
    Commercial Type:
    Hospitality
    Web Reference:
    AUCT-002440
    List price:
    POA
    Address:
    Windsor Hotel, 36 Sutherland Street, Umtata Central, OR Tambo District Municipality, Eastern Cape
    Auction Venue:
    Live Studio Auction

    Auction Date:
    27 March 2025 11:00 am



    Auctioneer:
    Tom Hodgson
    Auction Terms and Conditions:
    R50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required

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