200m² Retail For Sale in Beach Estate

R3,795,000

Web Ref No 3817615

RARE COMMERCIAL OPPORTUNITY

Commercial properties in Hout Bay are scarce and seldom come on to the market. Whether you’re wanting to run your own business or purchase this unique property as an investment, this is an opportunity not to be missed.

Run as a successful restaurant for over 10 years, this property offers unlimited permutations and opportunities offering any investor a healthy return on investment.

• Long standing tenant
• Lease 1: R19 847-68 p.m. expires 31st October 2020. Escalation 8% per annum
• Lease 2: R9 839-81 p.m. expires 31st December 2021. Escalation 5% per annum

Motivated seller.

• Plenty of parking and storage space
• Large Tandem garaging and separate outbuilding for storage
• 2500 Litres – Back up water supply via pump

Features

Zoning Commercial
Purchase Rates R2,600.00pm Excl. VAT
Floor Size 200m²
Land Size 412m²

Broker Contact Details

Lauren Zuidema
Hout Bay

Cell 0795296275
Office (021) 7901032

Message the Agent

1 of 1