The hotel is to be let to be let to an international hotel operator with a triple net lease term of 10 years.
168 rooms.
4-star rating.
Very high REVPAR.
In excess of 80% occupancy.
3% annual escalation.
Tenure: Leasehold. Expires on January 2098.
Forecast Net Income (Jan 2018 to Dec 2018): 4.5 million US dollars.
Proposed annual net rental (year 1): 3,15 million US dollars.
Vendor seeks 38 million US dollars, subject to contract for the leasehold interest.
Pricing reflects, at least, a 7% net initial yield.
Try local okra crab stew in Wiase Restaurant with a slate-chiselled world map as the backdrop, while wild animals adorn the murals in Safari Bar.
Leave your vehicle in our complimentary car park when you arrive via Accra's main Abose-Okai Road. Report back to the office with complimentary high-speed Internet from your Guest room after Central Business District meetings at Barclays and Ecobank, 1km away. We can ease your workload with printing and secretarial services in our Business Centre.
It's just 10 minutes' drive from our Accra Airport hotel to Accra's 400km stretch of white sandy beaches. Monuments commemorate liberation in Independence Square, 6km away, while modern Ghana's founding father is remembered at nearby Kwame Nkrumah Museum. Just ask our Guest Relations staff to help you plan your Accra travel.
Work up an appetite on the cardio machines in the air-conditioned MiniGym at our Accra Airport Hotel. You'll soon feel relaxed after a few lengths in the 16-metre swimming pool and a massage in the beauty salon.
Complimentary Fitness Center
Small Mini Gym with free weights, Treadmills and Cross Trainers
Hours of Operation: 6:00 AM to 10:00 PM
Fitness Center Equipment:Treadmill, Free Weights, Stationary Bicycle
On-site Barber/Beauty Shop
Fitness Center Type:LIMITED
Restaurants On-site: 2
Complimentary Full Breakfast Available in Executive Rooms, Suites and Rooms
Complimentary Breakfast Buffet Available in Executive Rooms, Suites and Rooms
Complimentary Continental Breakfast Available in Executive Rooms, Suites and Rooms
Cocktail Lounge
24-hour Lounge
Room Service Available in Executive Rooms, Suites and Rooms from
12:00 AM - 12:00 AM
Our restaurant offers a large variety of traditional and contemporary dishes for every occasion. Breakfast is served from 6.30 to 10.00AM, the buffet lunch is from 12.30 to 2.30PM and dinner is from 6.30pm to 10.30PM.
Location: Ground Floor
Serves: Breakfast, Brunch, Lunch, Dinner, Dessert
Hours of Operation: 6:30 AM-10:30 PM
Location: Pool Side Ground Floor
Serves: Breakfast, Lunch, Dinner, Dessert
Hours of Operation: 10:00 AM-11:00 PM
24 hrs Lounge and Bar
Location: Close to the Wiase Restaurant
Hours of Operation: 6:00 AM - 11:45 PM
Accra is the capital and largest city of Ghana, covering an area of 225.67 km2 (87.13 sq mi) with an estimated urban population of 2.27 million as of 2012. It is organized into 10 local government districts – 9 municipal districts and the Accra Metropolitan District, which is the only district within the capital to be granted city status."Accra" usually refers to the Accra Metro Area,, which serves as the capital of Ghana, while the district, which is within the jurisdiction of the Accra Metropolitan Assembly, is distinguished from the rest of the capital as the "City of Accra". In common usage, however, the terms "Accra" and "City of Accra" are used interchangeably.
The intersection of the Lafa stream and Mallam junction serves as the western border of Accra, the Great Hall of the University of Ghana forms Accra's northern border, while the Nautical College forms the eastern border. The Gulf of Guinea forms the southern border.
Formed from the merger of distinct settlements around British Fort James, Dutch Ussher Fort, and Danish Fort Christiansborg as Jamestown, Usshertown, and Christiansborg respectively, Accra served as the capital of the British Gold Coast between 1877 and 1957 and has since transitioned into a modern metropolis. The capital's architecture reflects this history, ranging from 19th-century colonial architecture to modern skyscrapers and apartment blocks.
Accra is the Greater Accra Regions's economic and administrative hub, and serves as the anchor of the larger Greater Accra Metropolitan Area (GAMA), which is inhabited by about 4 million people, making it the thirteenth-largest metropolitan area in Africa. Strategic initiatives, such as transportation, are coordinated between the local government authorities, while the Accra Metropolitan Assembly, based in West Ridge, is responsible for the administration of the 60 km2 (23 sq mi) City of Accra only.
The central business district of Accra contains the city's main banks and department stores, as well as an area known as the Ministries, where Ghana's government administration is concentrated. Economic activities in Accra include the financial and commercial sectors, fishing and the manufacture of processed food, lumber, plywood, textiles, clothing and chemicals. Tourism is becoming a thriving source of business for those in arts and crafts, historical sites and local travel and tour agents. The Oxford Street in the district of Osu has grown to become the hub of business and night life in Accra.
In 2010, the Globalisation and World Cities Research Network think tank designated Accra as a Gamma level world city, indicating a growing level of international influence and connectedness.
Cliff Jacobs (Nat Dpl Hotel Man (UJ). MPRE. GA Level 5 TEFL) Managing Principal / CEO Exquisite Hotel Consultants (Pty) Ltd Mobile: +27 (0) 84 413 1071 / +27 (0) 61 716 6951 Email: cliff@exquisitehotelconsultants.com Skype: cliff.jacobs Web: https://www.exquisitehotelconsultants.com © All rights reserved Terms and Conditions apply Scroll down to view our Hospitality Properties and Businesses for sale or lease or lease-to-buy or partnership arrangement or management agreement arrangement
Mortgage Origination
We interface with all of the major banks in South Africa to ensure that you get the right home loan solution at the best possible rate.
Looking forward to assist you with your home loan application!
Hospitality Consulting, Accounting, Bookkeeping and Payroll Services
Corporate Finance, Tax & Accounting and Treasury Services.
Attorneys, Notaries and Conveyancers
Interior Design
Property Valuation Services
International property, law and immigration
Real Estate Specialist - Our Associate in Namibia
We offer an international platform of specialist hospitality property and/or business brokering services by listing and marketing for sale or lease or by investment partner arrangement or management agreement arrangement of a variety of hospitality products (i.e. hotels, resorts, boutique hotels, guest houses, guest lodges, B&Bs, game resorts, wine farms, yachts, cruise liners, etc) through our association with EC Mobility (in Portugal and Spain), BON Hotels (Africa), Giovanni Conti (Italy, North and East Africa, Sri Lanka), Nuno Boquinhas (Portugal, Azores, Madeira, Mozambique), Property 24, Seeff Property Services, Harcourts, Realnet, RE/MAX, Dogon Property Group, Rawson Estates, among many other prominent commercial estate agencies throughout Southern Africa - and now we are entering other African Countries on the East and West Coasts of Africa and moving further abroad! To date, Exquisite Hotel Consultants has a presence in over 80 countries - and counting...
Working with the above-mentioned agencies and others provides the largest possible reach nationally and internationally for all prospective buyers and sellers wishing to enter or exit the Hospitality Industry.
Sister websites have been opened in the following countries: United Kingdom: see www.exquisitehotelconsultants.co.uk, and in Germany: see www.exquisitehotelconsultants.de, and in the United States of America: see www.exquisitehotelconsultants.us.
Please note that several of our hospitality properties and/or businesses for sale or lease or through business partnership arrangements or management contracts are officially "Off-Market" - mainly for privacy reasons. Therefore, they are not listed as part of our hospitality properties/businesses for sale or lease stock. Please contact me for further details.
Should you be considering to sell or buy or lease or obtain a partnership arrangement or management agreement arrangement for your hotel, boutique hotel, resort, guest house, B&B, game lodge, game resort, guest farm, yacht or cruise liner etc, I would be most pleased to provide you with further details of our way of working to effectively market and sell your property(ies) and/or business(es).
Food Service, Beverage and Laundry Solutions
Electrolux Professional is a leading global provider of foodservice, beverage and laundry solutions, serving a wide range of customers globally, from restaurants and hotels to healthcare, educational and other service facilities.
Learn to speak Hotel English (one-to-one online course)
Our TEFL trained tutors teach the following functions
The course consists of 21 lessons (4 to 5 one-hour lessons per month).
Interior Design
Hotel Amenities - inspired by Africa
Hospitality Consultancy and Procurement
Revenue (yield) Management
Online room inventory Distribution & Rates optimisation
Implementation of Best Available Rate (BAR), in conjunction with point 1 & 2
Real Estate Agency - Our Associate in Mozambique
Tourism Grading Assessment
Mortgage Origination
ooba offers you:
Johannesburg based Tours & Transfers Operator
We look forward to being of service to you.
Kind regards
King Sambu
Hotel Management and Marketing
Hotel Linen Suppliers
LUX Award Winners 2021 for The Best Hospitality Suppliers. We are a proudly South African brand established in 2006.
We Supply:
Property Auctioneers
Appreciating Property Value
Smart Interior Design
Cliff Jacobs (Nat Dpl Hotel Man (UJ). MPRE. GA Level 5 TEFL) Managing Principal / CEO Exquisite Hotel Consultants (Pty) Ltd Mobile: +27 (0) 84 413 1071 / +27 (0) 61 716 6951 Email: cliff@exquisitehotelconsultants.com Skype: cliff.jacobs Web: https://www.exquisitehotelconsultants.com © All rights reserved Terms and Conditions apply Scroll down to view our Hospitality Properties and Businesses for sale or lease or lease-to-buy or partnership arrangement or management agreement arrangement