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A lucrative, well established, bustling bar and lounge for sale
R 7,500,000
Can I afford this?
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1 month ago54 views
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General Details
Location:
Description
Offered together with the accompanying building, this business is presented as a going concern, inclusive of all furniture and equipment.
The establishment features a fully functional bar and lounge area, replete with numerous tables and chairs suitable for hosting events or establishing a restaurant. Additionally, the premises are licensed for slot machines. Notably, a separate bottle store is incorporated within the offering.
Furthermore, an additional unit is available, which could be repurposed as a takeaway venue or leased for supplemental income.
The property holds substantial untapped potential.
Kindly contact me to arrange a viewing of this property or to list your own property and to discuss your real estate needs.
Property Reference #: JCL488
Agent Details:
Nico Naidoo
Jawitz Properties
Gresham House
11 Wembley Terrace,
Town Hill,
Pietermaritzburg
The establishment features a fully functional bar and lounge area, replete with numerous tables and chairs suitable for hosting events or establishing a restaurant. Additionally, the premises are licensed for slot machines. Notably, a separate bottle store is incorporated within the offering.
Furthermore, an additional unit is available, which could be repurposed as a takeaway venue or leased for supplemental income.
The property holds substantial untapped potential.
Kindly contact me to arrange a viewing of this property or to list your own property and to discuss your real estate needs.
Property Reference #: JCL488
Agent Details:
Nico Naidoo
Jawitz Properties
Gresham House
11 Wembley Terrace,
Town Hill,
Pietermaritzburg
Id Subtitle 1268658893
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Estimated monthly repaymentR 81,279
Total property loan amountR 7,500,000
Total interestR 12,006,728
Total repaymentR 19,506,728
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Jawitz Properties
Selling for 3+ years
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