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Country Restaurant in Honey Park For Sale

Honey Park, Gauteng, South Africa
Asking Price:
R27,400,000
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

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 country establishment.

There are three properties that the Sellers would like to sell as one unit namely:

- Property 1 measures 2.44 hectares which contains the restaurant and conference/wedding venue;
- Property 2 measures 1.06 hectares which contains accommodation for the staff and manager; and
- Property 3 measures 2.57 hectares which has a few warehouses measuring some 1,600M² on site.

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

The seller is asking R27,4 million for the three properties, restaurant, entertainment centre, wedding and conference venue.

Property Information

Real Estate:

Real Property Included

Location:

West Rand in the Honey Park area

Premises Details:

See the overview provided

Size in square feet:
6.07 hectares
Planning Consent:

Yes

Business Operation

Expansion Potential:

Yes

Competition / Market:

Not in close proximity

Reasons for selling:

The selelr has other interests

Trading hours:

Depending on the venue selected. Closes at 24h00

Employees:
Not applicable
Years established:
1985

Other Information

Support & training:

Yes

Furniture / Fixtures value:
R600,000
Inventory / Stock value:
R50,000