Hotels for sale in South Africa

Check zoning, approved plans, occupancy and fire documentation, municipal business licensing and the Certificate of Acceptability for food premises. Verify any liquor licence separately and confirm which approvals require amendment after the ownership change.

Do not rely on the displayed stars alone. Verify the property in the TGCSA register, the approved category, latest assessment and renewal status, then confirm how ownership, management or material property changes affect grading.

Reconcile the property-management system, channel-manager reports, online travel agency statements, VAT records and bank settlements. Test occupancy, average daily rate, cancellations and complimentary rooms by month, room type and booking channel.

Reconcile every advance payment, voucher, group booking, loyalty benefit and refund to the reservation system and bank. Define who must honour each stay, commission and cancellation, and adjust completion working capital for deferred revenue.

Review title or lease rights, approved alterations, maintenance logs and capital-expenditure plans. Inspect lifts, pools, kitchens, fire systems, water storage and backup power, then price overdue replacements and unresolved municipal or insurance matters.

Analyse staffing by department, shift and occupancy level, including overtime, agency labour, leave, accommodation and service-charge arrangements. Assess Section 197 implications and dependency on managers, chefs or other employees essential to licences or guest service.