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
0
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
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Situated at the heart of South Africa's Western Cape, Cape Town City Centre is not only the commercial heartland but also a cultural beacon. This guide explores the unique blend of historical charm and modern vibrancy that defines...
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Disclaimer: While every effort will be made to ensure that the information contained within the Atmosphere Property Group website is accurate and up to date, Atmosphere Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.