Italian Restaurant For Sale
R1,200,000.00
Salt Rock, North Coast, Kwazulu Natal
Property Information
CODE : | PP4585 |
Asking Price : | R1,200,000.00 |
Ownership : | Freehold |
Description
Monthly Net Profit: R65,000
Rent: R55,000 per month
Escalation: 8% per annum
Lease Details: 5 Years Pus 5 Year Option To Renew
Store Size: 320m² Plus Downstairs Cold-rooms ±100m²
Seating: 160 Plus 20 - Bar
Trading Hours: Monday to Sunday: 09h00 – 21h00
Non – Franchised. Inspired by the epicurean culture of the Mediterranean, This restaurant aspires to delight you with wholesome Italian, Spanish, Greek and Portuguese flavours. Best enjoyed with a good bottle of wine or one of their signature martinis. This is a relaxed fine dining environment where you can easily get lost for an afternoon in smooth jazz sounds and the beautiful view of the Indian Ocean. Excellent business opportunity.
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Contact the Agent
Billy Constantinou » ++27 83 250 2013
[email protected]
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.