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Restaurant, Retail, Rental Income, Real Estate For Sale

Helderberg, Western Cape
Asking Price:
R10,950,000 Furniture / Fixtures included
Sales Revenue:
R3M - R8M
Cash Flow:
R1.5M - R3M

The complex is located in prime location on one of the busiest streets in Somerset West.

The package includes:

The property (Location, location, location!!!) ( 3150m2)

A successful family restaurant with a large garden

A unique boutique wine shop (which includes an online wine shop)

Two more shops which create rental income.

Run it as a going concern, become a landlord or develop the property to what you want it to be

Full commercial rights

We have taken on a new venture and have decided to sell

More information available upon request, please contact seller below for further details.

Property information

Real Estate:

Real Property Included

Location:

Best location of any restaurant in Somerset West! Located on Main Road. Easy access, ample parking (about 40 parking bays).

Premises Details:

There are 4 businesses on the premises : a restaurant, retail wine shop, a hairdressing salon and estate agent. The hairdressing salon and estate agent create rental income.

Size in square feet:
3,150
Planning Consent:

Planning permission has been granted to extend the indoor restaurant seating, build an indoor childs play area, build new toilets and extend the kitchen area.

Business Operation

Expansion Potential:

The property could be developed. Plans have been approved to expand the restaurant to include an indoor children's play area and extra indoor seating
Creating evening trade could at least double the turnover of the restaurant
The online wine shop has not been actively marketed. This nationwide shop has limitless growth potential

Competition / Market:

Restaurant: various restaurants in the area. There are not many other child friendly restaurants in Somerset West
Wine shop : a unique shop selling boutique wines. Small wine estates want their wines on the shelves!

Reasons for selling:

New business opportunity

Trading hours:

Mon - Sat 8am - 9pm
Sunday 9am - 3pm

Employees:
20
Years established:
15

Other Information

Support & training:

We are willing to assist with takeover as necessary

Inventory / Stock value:
R400,000

Contact Seller

Contact Information

    1. Your Address

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