Three Monkeys Coffee Shop For Sale

R820,000.00

Glenwood, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP4220
Asking Price : R820,000.00
Ownership : Freehold


Description

Monthly Net Profit: R25,000

A legend returns to Durban. With a heritage dating back to 1958, the name Three Monkeys Coffee Bar is one that resonates with many locals, particularly those of the more elderly variety. The original home of the Three Monkeys Coffee Bar was the African Life Arcade, 362 West Street – at least in the 70s and 80s the restaurant moved to the Pine Arcade during this era, before finally closing its doors.

The kitchen and a few of the tables make efficient use of the available indoor space with some tables also positioned inside the shopping centre. Most of the tables are spread across the paved entrance to the shopping centre, and are sheltered by palm trees, lending it to relaxed al fresco dining. The walls have been transformed, inside and out, with painted murals depicting the coffee story, along with scenes of the legendary monkeys romping about. The menu sticks to the café basics: breakfasts, hamburgers, wraps, tramezzinis, open sandwiches, salads and their legendary hotdogs.

Rent: R17,882 per month
Escalation: 8% per annum
Lease Details: September 2019 Plus 5 Year Option To Renew
Store Size: ±120m²
Seating: ±80
Trading Hours: Mon to Fri: 06h30 – 17h00; Sat: 06h30 – 14h00; Sun: 08h00 – 13h30

Image Gallery

Contact the Agent

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

Your Information







  

  

  

ContractorFind Banner


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.

Contractor Find - The Smart Way to Find Your Contractor