Family Restaurant For Sale

R6,250,000.00

Westville, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP4042
Asking Price : R6,250,000.00
Ownership : Freehold


Description

Monthly Net Profit: R186,000

Rent: R143,340 per month
Escalation: 9% per annum
Lease Details: April 2017 Plus 1 Year Plus 5 year Option To Renew
Store Size: 440m²
Seating: 180

Franchised. Manager run. This is probably one of the best restaurants in Durban. Owners are focusing on their other businesses. This solid business is located in one of the major shopping centers in Durban. Information will only be supplied to serious buyers who have the necessary finance.

Ref No: BC 208

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Contact the Agent

Billy Constantinou » ++27 83 250 2013
[email protected]

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Please Note Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.

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