Prominent Property with Business Rights on the Bustling R511 Main Road, Known as the "Golden Mile" This property, strategically positioned on the busy R511 main road between Hartbeespoort and Brits, is recognized as the "golden mile" due to its high visibility and prime location. It boasts business rights and is a sought-after destination for both locals and tourists. Key features of this property include: A highly popular restaurant and bar, known for its excellent reputation and vibrant atmosphere. The property also includes a transport business and offers convenient sleepover facilities. Business, liquor, and gambling licenses are in place, ensuring a comprehensive and legal operation. Additional offerings of the property include: Three boreholes, with two of them equipped, providing ample water supply. Water storage tanks are also available. The bar and restaurant area spans over 580 m2 and features five slot machines, an equipped kitchen, and well-maintained restroom facilities. A workshop and tool area spanning 120 m2, facilitating the smooth operation of the property. Ten rooms with bathrooms, offering comfortable accommodation for guests. An office space measuring 50 m2, providing a functional workspace. A luxurious two-bedroom house, complete with a walk-in safe, offering comfortable living quarters for the owner or manager. The property benefits from a highly popular auction held every Friday, which generates substantial income for the restaurant and bar. The business is being sold as a going concern, and the seller is VAT registered. Comprehensive financial information is available for serious buyers. Viewings are available by appointment only. Don't miss this opportunity to acquire a prominent property with established businesses and a strong track record of success.
Purchase Price R 6 300 000
Building Size964 m2
Price Per SQMR 6535 m2
Monthly Rates2000
Type of PropertyFarm
Land Size84291 m2
Pets AllowedYes
FurnishedYes
Last Updated09 Apr 2024
Store RoomYes
Study1
Laundry1
Flatlet10
Kitchen3
Bedrooms12
Bathrooms16
Lounges3
Dining Room2
Outdoor LivingPlaster, Brick
Garages6
Carports10
SecurityYes
FlooringTiles
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