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An established hospitality business looking for new energy to expand

SOLE MANDATE
A great opportunity to take over a good and sound business which has been established for many years. Situated in the heart of Pletts CBD this business is a destination rather than relying on passing traffic. Supported by locals plus the added support of out of towners who visit regularly. The business comes with a clean set of financial documents and the bonus of a liquor license.

If you are considering a move into the hospitality trade, do not miss this opportunity. A business that is currently serving breakfast and lunches has the huge potential of opening for dinners too. With a seating capacity of 120 which includes the courtyard area and and decked balcony. All furniture and equipment are included in the asking price except for a display unit and some of the decor.

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
255m²

In the news

Meet Paddy Dalzell - a resident agent living and working in Plettenberg Bay
When did you start your career in Real Estate?   I started my real estate career in 2012.  I completed my NQF, and wrote my PDE 4 exam to qualify as a full status agent in 2016. What attracted you to...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Meridian Realty website is accurate and up to date, Meridian 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

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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

13,353,900.17

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