Portuguese Restaurant For Sale
R4,800,000.00
Ballito, North Coast, Kwazulu Natal
Property Information
CODE : | PP5076 |
Asking Price : | R4,800,000.00 |
Ownership : | Freehold |
Description
Monthly Net Profit: R180,000
Rent: R112,932 per month
Escalation: 10% per annum
Lease Details: 2 Years
Store Size: 480m²
Seating: 210
Trading Hours: Monday To Sunday: 12h00 – 22h00
Monthly Turnover: R1,100,000 per month
Non – Franchised. This is an authentic Portuguese Restaurant that is strategically located in a major regional shopping centre. It has been trading successfully for over 15 years. Their food is prepared using only the freshest ingredients, herbs and spices. The family tradition is to cook from the heart with recipes handed down from generation to generation, which has evolved into Portuguese Cuisine with an African Influence.
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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.