Ambrosia Coffee Shop & Restaurant

R975,000.00

Glenwood, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP4597
Asking Price : R975,000.00
Ownership : Freehold


Description

Monthly Net Profit: R42,157

Rent: R17,5000 per month
Escalation: 10% per annum
Lease Details: 1½ Years Plus 3 Year Option To Renew
Store Size: ±130m²
Seating: ±130m
Trading Hours: Mon to Fri: 06h00 – 21h00; Sat: 07h00 – 21h00; Sun: 07h00 – 15h00
Monthly Turnover: R185,000 per month
Financials Available: On Request From The Seller

Non - Franchised. This eco-friendly, laid back café is a neighborhood gem. It’s cool in a gritty kind of way; creative set up “office” or have meetings and locals muse contentedly. A large interior wall is papered in a sepia aerial shot of the hood. Screeded concrete floors are dotted with tables and red plastic chairs, vibrant local artwork is exhibited on walls and a retro lounge suite hovers in a corner next to one of the enormous windows that draws in the light and diners alike.

Image Gallery

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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