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R4,200,000

Business for sale in Illovo

2 Baths
187m²
Resto Bar In Illovo Edge

This versatile ground-floor space in the contemporary Illovo Edge building presents an excellent opportunity for various business ventures. Currently set up as a high-end resto-bar, it features an upmarket indoor bar area and a 62 sqm courtyard for outdoor seating, offering a chic and inviting atmosphere for patrons.

Situated in close proximity to the vibrant Illovo precinct, the location provides significant potential for foot traffic, making it ideal for a dining establishment. However, the space also offers flexibility and can easily be repurposed as an office, showroom, or other commercial use, allowing businesses to benefit from its prime location and modern design.

The property includes a cold room and a basement storeroom, adding valuable storage capacity, particularly for food service or product-based operations. Additionally, there are seven dedicated parking bays, with extra roadside parking available for clients and staff, ensuring easy access even in this bustling area.

The existing furniture and equipment can be separately negotiated, offering a turnkey option for those seeking to continue the resto-bar operation or the possibility to customize the space to suit other needs.

Property Type
Business
Bathrooms
2
Building Size
187m²
Covered Parking
7
Levy
R4,576.43
Fibre Internet
Yes
Covered Parking
Yes
Reference
2330083
Grade
AAA
Property history
Listed for sale at R4,200,000
22 Oct 2024
Get to know Sandton
Considered as the heart of Johannesburg, Sandton is one of the most important financial and business hubs in South Africa. It attracts many industry business powerhouses to its centre and along with it comes those seeking to make a name for themselves here.
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