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R 500 000 | business property for sale in van ryneveld

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Property Description

Beachfront restaurant premises which hangs over the water with large open seating area and breathtaking views of False Bay is for sale. This well-established business has been operating for over 20 years and is ready for a new owner with fresh ideas to take the reigns and to increase its existing clientele base. An existing rental agreement till 2021 can be taken over with a renewal period of an additional 5 years which we will negotiate with the owner prior to transfer going through. You can establish a new business in this space which doesn't have to be a restaurant in order to take advantage of the amazing location.


Property Details

Purchase Price R 500 000

Building Size400 m2

Price Per SQMR 1250 m2

Type of PropertyBusiness

ZoningRetail

Last Updated11 Aug 2020

External Features

Open Parking Bays4

General Features

Three Phase PowerYes

Air ConditioningYes

Property Location

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