Property Description

The name of the business is TeaterHuis Boutique Hotel. Excellent review score of 9.0 at booking.com.  It used to be a former theatre, still the largest one in Namibia, with 535 amphitheatre style red leather seats, a large stage and huge screen.

Boutique Hotel providing accommodation for 20 people + 8 in the penthouse + 4 potentially in the 2nd floor rooms.

In the last 3 years the building had been renovated to include:

6 brand new guest rooms, with new and immaculate furniture and linen, each with its own en-suite bathroom.

2 luxury guest rooms with lounge area and double walk in showers

2 basic rooms with en-suite bathrooms

1 ladies’ public toilet with 3 toilets and 2 wash basins

1 men’s public toilet with 3 urinals and 2 toilets plus 2 wash basins

2 loft rooms on second floor, that can be converted into guest rooms, currently used for storage

1 x 2nd floor room for entertainment purposes situated on top of the penthouse

1 x penthouse, newly constructed that can also be used for guest accommodation or large manager’s house: with a kitchen area, XL honeymoon suite with luxury freestanding bath and en-suite and walk-in closet, room with own balcony, small extra room – can be used for a family suite, one shared bathroom and a room with own en-suite, office or wifi room, lounge and living room with outdoor balcony with lovely view

A restaurant and bar area, fully furnished with a huge chandelier and very large artwork on the ceiling done by Mitat in RSA / large patio / interlocked area for functions and weddings / lawn

Kitchen on ground floor

Enclosed washing area with lines

Garden

Enclosed private courtyard for guests, and private braai area with small pool currently under construction.

There is parking for 40-50 cars (fenced) as well as allocated parking for our use for up to 100+ cars in the park for shows etc.

Included in the price is:

  • Land & buildings
    • Erf:                1252m²
    • Theatre floor area 1218m²
    • First Floor, house part 202m²
    • Second Floor, loft/ TV room 25m²
    • First Floor Guest rooms 105m²
    • Second Floor, not utilized 55m²
    • New rooms with terrace 140m²
    • Total floor space 1745m²
  • State of the art theatre sound system with stage lighting etc valued at N$450,000
  • Goodwill for the running business: “TeaterHuis”
  • Equipment, furniture, fixtures, decor and brand-new linen with lighting etc.

The listed price includes furniture and equipment but there is also an option to purchase only land and buildings.

Scope of business:

Theatre for shows, events, seminars and conferences for up to 535 people

Churches income on Sundays/ Saturdays: N$15000+

School functions

Can be used to screen movies

Wedding venue / special occasions and events

Restaurant / bar / coffee shop

Address
TSU
Oshikoto
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Combining Investment with Nostalgia in Tsumeb

N$8,888,000
Listing ID #1140
Basic Details
Property Type : Commercial
Listing Type : For Sale
Listing ID : 1140
Ref ID : RN0228
Price : N$8,888,000
House Area M² : 1,745 m²
Erf Area M² : 1,252 m²
Agent info
Johan Cilliers
Henric Estates
23 Sam Nujoma Avenue
Contact Agent