SW1 In Mount Edgecombe For Sale

R1,400,000.00

Mount Edgecombe, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP6185
Asking Price : R1,400,000.00
Ownership : Freehold


Description

Net Profit: R70,000 per month

Rent: R35,000 per month
Escalation: 8% per annum
Lease Details: 2½ Years Plus Option To Renew
Store Size: 129m²
Seating: 80
Trading Hours: Mon to Sat: 11h30 – 15h00; 17h30 – 21h00; Sun: 11h00 – 17h00
Franchise Fees: Nil

SW1 which means Streetwok. SW1 specializes in Thai fusion food, the sellers have over the 25 years of opening and running Thai restaurants, successfully picked the most popular dishes and trained local chefs. SW1 is situated in the prime location of Mount Edgecombe and next door to Woolworths. With this location bordering on a well-established residential and a growing commercial precinct, there is plenty of upside as far as delivery is concerned.


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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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