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R13,225,000

Business for sale in Wynberg Upper

400m²
311m²
It’s Time - This Unique Property In The Heart Of Wynberg Chelsea Village Is In Need Of A New Custodian.

An opportunity to acquire a prime piece of commercial real estate in Wynberg Chelsea Village with plenty of parking over the road.

Zoned : GB1 - Erf size - 311 m2 - Rates: R9,000-00 pm

The owner is Vat registered.

This exceptional property situated on Wolfe Street is zoned GB1 and offers a unique business opportunity, ideal for a restaurant, pub or retail space. Surrounded by coffee shops, trendy decor outlets and heritage buildings, Wolfe street is a desirable destination stop for locals and foreigners.

The building comprises two floors with three potential rental spaces, separate entrances for both the upstairs and downstairs sections.

Access the downstairs section through double French doors to a space previously used as a very well known upmarket restaurant with

* large seating and bar area

* feature fireplace

* large industrial kitchen with cold storage room

* storerooms and staff toilet

* His and hers toilets

* and a staircase leading to a sheltered terrace.

The tiled upstairs section currently generates rental income from a beauty spa and hairdressing salon -

* 3 spa treatment rooms

* Kitchen plumbed for a washing machine

* bathroom with basin and loo

There is ample parking just over the road

Price excludes VAT. No transfer Duty

Plans together with rental income information available on request by serious buyers

Property Type
Business
Stand Size
311m²
Building Size
400m²
Rates & Taxes
R9,000
Reference
2317768
Property history
Listed for sale at R13,225,000
17 Sep 2024
Price reduced by 9.3% to R12,000,000
22 Oct 2024
Price increased by 10.2% to R13,225,000
23 Oct 2024
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