Investment opportunity with 10 year lease in place
With change comes opportunity. Experience exceptional panoramic views, stretching from Cape Point to False Bay. The iconic Peninsula Bay Hotel embraces the ground floor premises with seating space of 387 sqm. Make this restaurant the top choice for wining and dining patrons, offering a liquor license valid for another 365 days. The restaurant offers the opportunity to be a bistro, a family restaurant (enough space to create a safe play environment for children), and cuisine dining. Diversity at its best.
The property offers a beautiful front entrance from the hotel lobby, or sliding doors facing the sea, which can also be extended should you wish to include another 100 sqm from the patio in the front. The patio can otherwise be rented as extra seating for a delectable sundowner or a nice brunch with sunshine and sea breeze in your hair. Patrons can enjoy the views while enjoying memorable dining.
Previously it was a very successful restaurant for more than 8 years. Included in the price is an operational kitchen, gas room, freezer, chiller, and prep tables. Staff locker rooms and a separate delivery area at the back. Separate space for waste.
Price excludes VAT
Video
Features
Zoning Retail
Monthly Levy R27,000.00pm Excl. VAT
Floor Size 583m²
Land Size 583m²