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Iconic Tea Garden In Fourways For Sale

Fourways, Gauteng, South Africa
Asking Price:
R2,399,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R3,750,000
Cash Flow:
R70,000

This well-loved tea garden and popular venue for functions has operated in the heart of Fourways for over 20 years. Set in the tranquil gardens of Norscot Manor, the venue is well-supported by the local community and the rolling lawns and country setting provide the perfect venue when it comes to catering for special events and functions.

Looking for someone who will be able to build on the success that has been made of the business, someone who will proudly continue the legacy of this very special venue.

Financials, lease and asset list availiable on request.

If interested, please contact us by filling the form given below.

Property Information

Real Estate:

Lease

Lease Terms:

12 months minimum

Leasehold Rent:

R222,000 per annum

Location:

Norscot Manor Recreation Centre, Fourways, Sandton

Premises Details:

Set in the beautiful gardens of Norscot Manor Recreation Centre.

Business Operation

Reasons for selling:

Owner wanting to retire

Trading hours:

Monday (Closed)
Wednesday & Friday:
10:30 - 17:00
Tuesday - Thursday: 09:30 - 16:00
Saturday & Sunday: 08:30 - 17:00

Public Holidays: 08:30 - 17:00

Employees:
19
Years established:
Over 20 years

Other Information

Support & training:

Full handover training

Furniture / Fixtures value:
R1,435,827 - included in the asking price
Inventory / Stock value:
R10,000 - included in the asking price
Website:
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Contact Information

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