Café Limone - City View Centre For Sale
R1,400,000.00
Durban CBD, Durban Metropolis, Kwazulu Natal
Property Information
CODE : | PP7682 |
Asking Price : | R1,400,000.00 |
Ownership : | S/Title |
Description
This exceptional coffee shop and Mediterranean restaurant is
located in a very busy shopping centre. It has recently installed a bar to
compliment the great feel to this restaurant. It serves great food at affordable
prices. This is an incredible business opportunity considering the very
favourable trading hours. The owner is reluctantly selling as he is looking for
bigger business opportunities.
Number Of Years In Business: November 2015
Reason For Selling: Other Business Interests
Selling Price: R2,000,000
Net Profit: R40,000 per month
Rent: R55,315 per month
Escalation: 8% per annum
Lease Details: 30 November 2025 Plus 5 Year Option To Renew
Store Size: 240m²
Seating: 80
Trading Hours: Monday to Sunday: 07h30 – 17h30
Franchise Fees: Nil
Image Gallery
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.