Lupa Osteria - Florida Road For Sale
R3,600,000.00
Morningside, Durban Metropolis, Kwazulu Natal
Property Information
| CODE : | PP7656 |
| Asking Price : | R3,600,000.00 |
| Ownership : | S/Title |
Description
Bringing you the best of authentic Roman dining, Lupa Osteria promises you an exceptional combination of food and wine, old school professional service and elegant, modern styled dining rooms. Lupa is a space for those seeking the authentic and simple flavours of Italy. We use only the freshest ingredients, selected with the greatest care to give you consistently mouth-watering meals. If your dish is not bursting with wonderfully balanced flavour, then it’s not a genuine Italian meal! We pride ourselves in staying true to our roots and in keeping traditional Roman cuisine alive. Our recipes are made from scratch, in the true spirit of home-styled cooking. You can expect wholesome, seasonal pizzas, pastas, seafood and secondi, seasoned with distinctly Italian flavours.
Address Of Business: 257 Florida Road, Windermere, Durban
Number Of Years In Business: 5 Years
Reason For Selling: Other Business Interests
Selling Price: R3,600,000
Net Profit: ±R130,000 per month
Rent: R85,600 per month
Escalation: 7% per annum
Lease Details: 4 Years Plus 9 Months
Seating: 190
Store Size: 400m²
Trading Hours: Sunday to Thursday: 11h00 – 22h00; Friday & Saturday: 11h00 – 01h00
Franchise Fees/Joining Fees: R80,000
Royalties: 5% per month
Advertising/Marketing Fee: 1% per month
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Contact the Agent
Billy Constantinou » ++27 83 250 2013
[email protected]
Your Information
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.
