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R2,650,000

Restaurant AND / OR property (prime street address with high visibility) for SALE

This property currently running as a French restaurant and Full Liquor license.
This property could continue as a restaurant OR as a commercial business which could be very easily and cost effectively converted into multiple rental offices OR one business office with multiple office space. (property has business rights)
There is a large outside patio with seating with outside area with storage area and office.
Huge potential to expand and grow business and the property value, this business will be rental free as both entities will be sold (property and business), the potential buyer will take both (property and business)
Property also includes rental space to possibly increase it to 100 m2 of rental space for any other type of business or expand current business

Don't miss out on this opportunity, a VERY unique property purchase with high potential contact Maria at Only Realty for further details, happy to discuss reason for selling and financials, asking price is for property, furniture and equipment can be discusses as a part OR separate sale.
Only Realty will assist with transfer to ensure a clean and transparent process.
If interested, please contact us.

Features

0
0
Title:
Freehold
Zoning:
Mixed Use
Exterior
Security
No
Sizes
Floor Size
100m²

Florida North, Roodepoort

Roodepoort, means "red valley" in Afrikaans.It is a residential area which gets its name from the red soil in the area. It dates back to 1884, when Fred Struben discovered the first payable gold in the area at what he called the Confidence Reef, a large rocky outcrop in the centre of Roodepoort. At the time the area was settled by scattered Boer farmers on nine farms. Four of the farms - Roodepoort,...
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Disclaimer: While every effort will be made to ensure that the information contained within the Only Realty website is accurate and up to date, Only Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

35,019.95

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