R2,845,000

R2,845,000

222m² Retail For Sale in Margate

Commercial property with a thriving business - Margate

Web Ref. CKSC-3591
Floor size 222.00 m²
Monthly Bond Repayment
R26,024.33
Two Commercially zoned sectional title units on the same title deed, situated in the heart of Margate CBD. Totaling a floor area of 222m2, located on the first floor of the building. This is host to a vibrant and thriving night club, with current liquor, gambling, entertainment and restaurant licenses in place. Substantial goodwill sold as a going concern with the immovable property. The club has a bar area, gaming room operated by a regulated slots company, a dance floor and entertainment area and an outdoor patio. A good investment of property and a going business concern combined into one with a very good income. Trained staff, with management processes are in place to ensure control of the business.
Monthly Levy R4,000
Monthly Rates R4,950
Total R8,950

Features

Zoning
Commercial
Sizes
Floor Size 222 m²
Listing Info
Date Listed 26-11-24
Time Listed 06:36
Anton Viljoen
Anton Viljoen Qualified Property Practitioner

Disclaimer

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