Cool Runnings For Sale
R1,800,000.00
Durban CBD, Durban Metropolis, Kwazulu Natal
Property Information
| CODE : | PP4628 |
| Asking Price : | R1,800,000.00 |
| Ownership : | Freehold |
Description
Monthly Net Profit: R60,000
Rent: R20,000 per month
Escalation: 10% per annum
Lease Details: New 3 – 5 Year Lease
Store Size: 260m² Seating: 100
Trading Hours: Monday to Sunday: 12h00 – 04h00
Monthly Turnover: R300,000 per month
Financials Available: On Request From The Seller
Non – Franchised. This iconic Durban bar, restaurant and live music venue has been kicking it island style since 1995. Guests love the laid-back reggae vibe, easy cosmopolitan clientele and great live music and entertainment. Thursdays are big nights with live interactive drumming and the chilled, leafy, outdoor courtyard is popular for braais/shisa nyama. Weekend sport on the big screen is popular and the back bar is also used for private parties and great functions that spill out into one of the only regular street venues in the city.
Image Gallery
Contact the Agent
Billy Constantinou » ++27 83 250 2013
[email protected]
Your Information
Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.
