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Iconic Camelot Restaurant & Pub in Betty's Bay for sale.

This property comprises of some 300m2 under roof with:
A large bar / restaurant area on entrance with seating for 30+ patrons; a well equipped kitchen with high end fryers, grillers and a professional pizza oven; cold storage facilities; large storage areas; cleaning facilities; 5 bathrooms; office; several secluded dining areas; two open balconies of 28sqm each that are great for summer entertainment with beautiful vistas of the mountain and the sea.
There is a large "Big Screen" with projector for popular sport event broadcasts; two additional TV's and a Karaoke system. A new point of sales system has been installed and is operational.
After signing an NDA financials can be provided. This property along with the running concern is available for R3,3m. An alternative is to purchase the Camelot Business entity separately for R1m, with a lease contract for 5 years in place.
The premises are secured with 24 hour security as well as CCTV that can be accessed via your smartphone as well as from the office PC.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
300m²
Land Size
893m²
Extras
POS Fully Equipped Kitchen Entertainment system CCTV cameras

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Betty’s Bay is one of the scenic towns on the Whale Coast where Meridian Realty has an office, and where we have been privileged to assist people in making their house-dreams come true.    The following...
 
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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

44,067.87

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