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R2,400,000

Iconic Local BEACH Pub & Restaurant for sale

FOR SALE: Iconic Local Beach Pub & Restaurant – "The South Coast’s BEACH Pub & Restaurant" An INCREDIBLE Opportunity Awaits! Are you ready to make your mark on the South Coast? Here’s your chance to own a thriving and beloved establishment located right on the stunning Shelly Beach coastline. The most loved South Coast’s Pub & Restaurant is for sale, and it’s waiting for a passionate new owner to continue its legacy!

Key Features: Prime Location: Nestled on the beach, in the heart of the South Coast, this pub enjoys a constant flow of local patrons and holiday visitors alike, all while boasting breathtaking ocean views.

The establishment covers 500m² under roof area and features a 200m² exclusive use outdoor beachfront seating area, perfect for soaking in the sun and sea breeze. It is almost always full! Established Brand: With over 10 years of success, this pub is renowned for its exceptional food, icy cold beers, and a lively atmosphere that includes live entertainment and a sports bar, all accompanied by stunning sea vistas. It's a favored haunt for locals and tourists, ensuring a steady stream of business year-round. Fully Equipped: The sale includes everything you need to run the pub — all necessary equipment, furnishings, and inventory are included. It’s move-in ready for you to take over seamlessly!

Diverse Menu: Our menu features a wide range of beverages, from local craft beers to signature cocktails, complemented by a delicious selection of classic pub food. There’s something for everyone! Outdoor & Indoor Seating: Enjoy a beautiful outdoor patio where guests can relax on summer nights while taking in the sound of the waves and ocean views. The indoor seating provides a cozy refuge from windy days or the heat of the summer sun. Loyal Client Base: Built over years of dedicated service, this establishment has a strong community presence, hosting regular events to engage patrons and foster a sense of camaraderie. Financial Highlights: Revenue: Enjoy consistent revenue with significant opportunities for growth.

Financial Records: Interested buyers can access detailed financial records upon signing a Non-Disclosure Agreement (NDA). Why Buy? Passionate Staff: A dedicated team is in place to ensure a smooth transition and continued success of the pub, making it easy for you to step in and hit the ground running. Community Involvement: Become an integral part of the community by hosting all types of events and local gatherings, solidifying your presence and reputation in the area.

Asking Price: R 2.4 Million Don’t miss this chance to take the reins of a cherished local pub and restaurant that promises both rewarding experiences and profitability! Contact Us Today! For more information, photos, videos, or to schedule a viewing,

Features

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0
Zoning:
Mixed Use
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
700m²
Extras
Air Conditioner • Bar Counter • Coastal Beach • Ground Floor • Level Road • Sea

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🌊 Join Us for a Beach Cleanup Day! 🌊
Call Gert 0844109242 for more info 🗓 Date: Saturday, 21st September 2024 📍 Where: 1 Bank Street, Margate ⏰ Time: 8:30 for 9 AM (2 hours) Let's come together to keep our beautiful coastline pristine! Grab your...
 
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Transfer Costs

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Transfer Fees
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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:

Income

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

33,060.00

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