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R1,100,000

1 194 Long

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Business for sale in Long Street, Cape Town

Please Note this is a business for sale, not the property*

The individual who purchases this business will take over the current lease until June 2028. Monthly rentals between R64,000- R74,000 will be negotiated between the new tenant and landlord.

Unlock the potential of your hospitality venture with this exceptional retail space located in the vibrant heart of Long Street, Cape Town City Centre. This property is an ideal investment for serious inquiries, particularly for bars, restaurants, eateries, and club operators looking to make a mark in one of the city's most iconic streets.

Spanning an impressive layout, this venue includes a fully-equipped bar, modern kitchen, spacious dance floor, cozy booths, and inviting outside seating on a balcony that captures the bustling atmosphere of Long Street. Additional amenities feature a dedicated office/storeroom and well-appointed bathrooms, ensuring a seamless operational flow. All kitchen and sound equipment, along with necessary liquor licenses, are included in the sale, offering a turnkey solution for aspiring entrepreneurs.

Long Street is renowned for its dynamic nightlife and cultural vibrancy, attracting both locals and tourists alike. With its eclectic mix of shops, cafes, and entertainment venues, it serves as a focal point for social gatherings and events. The area’s foot traffic ensures a steady stream of potential patrons, making it an enviable location for any hospitality business.

Cape Town's peak season, running from November to March, further amplifies the benefits of this prime location. During these months, the city welcomes an influx of tourists, eager to explore its rich offerings. This surge in visitors presents an unparalleled opportunity for increased revenue and brand visibility.

Don’t miss the chance to establish your business in this thriving environment. Contact us today for serious inquiries and take the first step toward realizing your vision in one of Cape Town's most sought-after locations.

Features

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0
Zoning:
Retail
Exterior
Security
No
Sizes
Floor Size
320m²
Land Size
320m²
Extras
Retail • Bar Counter • Built In Bar • Balcony • Separate Toilet • First Floor • Storeroom

Cape Town City Centre, Cape Town

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Transfer Costs

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Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
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Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

15,465.50

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