Mundo Vida Resturant - For Sale
R3,500,000.00
Umdloti, North Coast, Kwazulu Natal
Property Information
CODE : | PP7649 |
Asking Price : | R3,500,000.00 |
Ownership : | S/Title |
Description
Mundo Vida is all about flavour. They are inspired by world food culture and tastes, great contemporary chefs and traditions that have been passed down through the generations. Their food celebrates the 'world' of amazing ingredients, new food trends and tastes. honour the qualities of their ingredients, their unique tastes and textures by focussing on simplicity and subtle seasoning. This restaurant has the best sea views around Durban. Mundo Vida is the place to feast on seafood, their specialties include fresh Natal Wild Oysters, King Prawns, Langoustines either Steamed or Grilled, Fresh Locally Caught Line Fish, Poke Bowls and the best Sushi. Almond Crusted Fresh Norwegian Salmon, Fresh Asian Style Seared Yellow Fin Tuna are must tries! Other must try signature dishes include Confit of Duck, Asian Pork Belly and top quality steak sourced from Chalmer Beef, Gauteng, one of South Africa’s top suppliers of beef.
Address Of Business: Shop 8, 1st Floor, 1 South Beach Road, Umdloti Beach, Umdloti
Number Of Years In Business: 2008
Reason For Selling: Retirement
Selling Price: R3,500,000
Net Profit: ±R150,000 per month
Rent: R103,500 per month
Escalation: 6% per annum
Lease Details: February 2024 Plus 5 Year Option to Renew
Seating: 120
Store Size: Inside - 186m²; Outside - 126m²
Trading Hours: Tuesday to Saturday: 12h00 – 20h00; Sunday: 12h00 – 17h00
Franchise Fees: Nil
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Contact the Agent
Billy Constantinou » ++27 83 250 2013
[email protected]
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.