R4,500,000

R4,500,000

400m² Restaurant For Sale in Umhlanga Ridge
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Restaurant For Sale In Umhlanga

Web Ref. CL30376
Land size 201549.00 m²
Floor size 400.00 m²
Monthly Bond Repayment
R40,324.55
Rare opportunity with a well-established restaurant/entertainment available for purchase.

The restaurant is well located within Umhlanga's vibrant and diverse neighborhood where a mix of residential homes, trendy restaurants, cafes, and small businesses surround the area. This gives the neighborhood a lively and eclectic atmosphere making it well-known for its vibrant arts and cultural scene, with numerous galleries, theaters, and artistic spaces scattered throughout.

A rare feature of this particular property is the ample parking the property provides compared to its neighbouring competitors.

The sale includes the following:
* Inventory Such As Furniture, Fixtures And Kitchen Equipment
* Liquor Trading License
* Current Lease In Place
* Venue/Function Area

Features

Zoning
Retail
Interior
Airconditioning
2 Bathrooms
Exterior
Security
Sizes
Land Size 201,549 m²
Floor Size 400 m²
Listing Info
Date Listed 10-11-23
Time Listed 12:48

Umhlanga Ridge, Umhlanga

KwaZulu-Natal is undergoing a significant transformation that encapsulates a commitment to economic growth and development. For this, the eThekwini Municipality has collaborated with key private development companies to rejuvenate commercial hot-spots and create business precincts that are exceptionally modern, secure and well-connected to amenities and arterial routes. Within the last decade, uMhlanga has emerged as a prominent destination for capital injections in the commercial sector and this has resulted in a wealth of new developments burgeoning across its landscape. Office space in uMhlanga’s business parks and mixed-use precincts are experiencing phenomenal rental and buyer demand as businesses, especially...
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