Fully Fitted Restaurant - Midlands For Sa

R1,250,000.00

Nottingham Road, Midlands, Kwazulu Natal

Property Information

CODE : PP7743
Asking Price : R1,250,000.00
Ownership : S/Title


Description

Rent: R21,400 per month
Operation Costs: R3,120 per month
Utilities: ±R27,500 per month
Escalation: 7% per annum
Lease Details: November 2024 Plus 3 Year Option To Renew
Seating: Inside - 60; Outside - 60
Store Size: Inside - ±300m²; Outside - 150m²

The sale includes the following:
• Full Liquor License;
• Wood Fire Pizza Oven;
• Outside Jungle Jim – Owned by the Landlord;
• The Complex has a Generator.

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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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