Step through the doorway and you are immediately swished off your feet to a imaginary, romantic Greek Island. Offering a unique opportunity of owning an extraordinary, diverse business. This well known restaurant is being sold as a going concern, including the property. It offers an immediate income generating restaurant, with additional income being derived from rent from 3 other business situated on the property (potential of a 4th), as well as income potential from 4 (potential of additional 2) stunningly decorated rooms. Each room has been tastefully decorated in a Greek theme, with modern high end finishes, but still radiating sophisticated character!
• Zoning : Business (zoning certificate to be supplied)
• Business has a liquor licence
• Full catering kitchen with Cold room for the restaurant
• Kids Play area (kitted out)
• Lapa Area (potential of conversion)
• Swimming Pool with full bar area
• Outside seating area
• 5 x outside bathrooms
• R32 Parking Bays
• Tenants other than Restaurant are:
- Beauty Salon: 2 Year Lease
- Hair Salon: 2 Year Lease
- Clothing Boutique: 2 Year Lease
• Additional business with potential earnings:
- 4 x Rooms/potential of 6 rooms (just completed)
- Bakery -(currently not tenanted)
Rental income potential of Approx R40 000 per month, excluding Restaurant rental.
• The restaurant is turning a very good net profit per month (details are avail on request and financials available for due diligence)
• Asking price R11 Million plus VAT
Contact Asset Property Group today to secure your next INDUSTRIAL or COMMERCIAL space!