R 2 950 000 | business property for sale in rosebank

UNDER SOLE AND EXCLUSIVE NEW MANDATE WE ARE OFFERING FOR SALE THIS RESTAURANT IN THE HEART OF ROSEBANK AND SITUATED IN A WELL POSITIONED 5 STAR INTERNATIONAL HOTEL. The decor is modern yet plush, constantly upgraded and completes the overall feeling of success. Clientele is made of international hotel guests in a captive market position as well as catering for the local business executive and residents with substance. Here the feeling of being waited on hand and foot comes true. Top quality a grade beef, a full menu and attention to presentation is evident. The restaurant boasts a bar that keeps the best brands of spirits, makes great cocktails and there is a full walk in wine cellar at a controlled temperature to keep the selection at connoisseurs desire. There is an indoor dining area of some 175 seats and outside around 70 (smoking) In the kitchen you will find that all the equipment has been chosen and installed by professionals that understands the need for functionality, quality and reliability. Crockery, cutlery and glassware is of the best grade in the business. The seller has embarked on numerous new ventures and has to sell this restaurant to fund the new project, bringing to market an opportunity not to be missed as the selling price is way below replacement value, and below market valuation. We have officially valued the business at R3,5m but seller wants a quick sale and decided to go to market at R2,950.00. Offers around R2,650.000 will be presented, not guaranteed, but worth a try. Sales price will obviously exclude the perishables and bar stock which will be calculated on take over date, and paid for at that point in time. New 5 year lease will be arranged through the landlord at favourable terms and conditions. Buyers will be required to sign a non-disclosure in order to arrange a viewing.