Lords And Legends Sports Café For Sale

R3,700,000.00

Bluff, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP4586
Asking Price : R3,700,000.00
Ownership : Freehold


Description

Monthly Net Profit: ±R120,000

Rent: R47,842 per month
Escalation: 8% per annum
Lease Details: 2 Years Plus Option To Renew
Store Size: ±500m²
Seating: 211
Trading Hours: Monday to Sunday: 10h30 – 24h00
Monthly Turnover: R810,000 per month
Financials Available: On Request From The Seller
Franchise/Joining Fees: Nil
Royalties: 4% per month
Advertising/Marketing Fees: 1% per month

Franchised. Lords and Legends is one of the social hubs of the South Coast. The restaurant and bar has a relaxed party atmosphere, with specials and events nearly every night of the week, including Pasta Nite Mondays, live music Thursdays and Fridays, Prawn Feast Saturdays, and Jazz and Braai Sunday from 4pm. It caters to tourists and locals alike, and has come to be a Mecca to all South Coast sports fanatics. Monthly royalties payable.

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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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