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R9,450,000

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Monthly Levy
R27,000 Excl. VAT

Investment opportunity with 10 year lease in place

With change comes opportunity. Experience exceptional panoramic views, stretching from Cape Point to False Bay. The iconic Peninsula Bay Hotel embraces the ground floor premises with seating space of 387 sqm. Make this restaurant the top choice for wining and dining patrons, offering a liquor license valid for another 365 days. The restaurant offers the opportunity to be a bistro, a family restaurant (enough space to create a safe play environment for children), and cuisine dining. Diversity at its best.

The property offers a beautiful front entrance from the hotel lobby, or sliding doors facing the sea, which can also be extended should you wish to include another 100 sqm from the patio in the front. The patio can otherwise be rented as extra seating for a delectable sundowner or a nice brunch with sunshine and sea breeze in your hair. Patrons can enjoy the views while enjoying memorable dining.

Previously it was a very successful restaurant for more than 8 years.
Included in the price is an operational kitchen, gas room, freezer, chiller, and prep tables. Staff locker rooms and a separate delivery area at the back. Separate space for waste.

Price excludes VAT

Features

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0
Zoning:
Retail
Exterior
Security
No
Sizes
Floor Size
583m²
Land Size
583m²

Strand Central, Strand

On the edge of False Bay, at the foot of the Hottentots Holland Mountain lies the charming fishing village of Strand, making it a paradise for water enthusiasts and nature lovers.  Located in the Helderberg Basin, Strand is 20 minutes from Cape Town International Airport, 45 minutes from the CBD and 20 minutes from Stellenbosch. Families can enjoy some retail therapy at the Strand Square, Twin Palm Centre...
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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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

131,514.65

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