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Country Restaurant, Entertainment Centre And Conference Venue In Krugersdorp For Sale

Krugersdorp, Gauteng, South Africa
Asking Price:
R16,000,000
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

This well-established and iconic entertainment venue on the West Rand offers a number of opportunities for an entrepreneur in the hospitality industry. The Sellers are looking for a go-getter to take over the reins of this well-run country establishment.

There are three properties involved measuring 6.07 hectares that the Sellers would like to sell. However, the seller is prepared to consider selling each property individually.

The total area under roof is 2,600 M².

The seller is asking R16 million for the three properties, restaurant, entertainment centre, manager and staff accommodation as well as the 1600M² warehouse located on one of the properties.

Property Information

Real Estate:

Real Property Included

Location:

West Rand - Alsef

Premises Details:

There are three properties:
- ERF 101 HONEY PARK EXT 22 measuring 2.44 hectares which contains the restaurant and conference/wedding venue;
- ERF 102 HONEY PARK EXT 22 measuring 1.06 hectares which contains accommodation for the staff and manager; and
- PTN 724 WILGESPRUIT 190 IQ measuring 2.57 hectares which has a warehouse measuring some 1,600M² on site.

The total land area is 6.07 hectares and the total area under roof is 2,600 M².

Size in square feet:
6.1 hectare
Planning Consent:

Yes

Business Operation

Expansion Potential:

Yes

Competition / Market:

No

Reasons for selling:

The seller has other business interests

Trading hours:

9h00 until late

Employees:
15
Years established:
Over 20 years ago

Other Information

Support & training:

Yes