Country Restaurant With Entertainment And Venue For Sale

Description

THIS WELL-ESTABLISHED AND ICONIC ENTERTAINMENT VENUE ON THE WEST RAND OFFERS MULTIPLE OPPORTUNITIES FOR AN ENTREPRENEUR IN THE HOSPITALITY INDUSTRYThe property includes a restaurant, bar, separate entertainment areas, wedding and conference facilities, and on-site accommodation. The estate comprises three separate portions with significant development and income-generating potential.PROPERTY 1 (2.44 hectares)This section includes the restaurant and bar, conference and wedding venues, and luxury accommodation facilities consisting of a bridal suite and eight double rooms for guests and entourage.PROPERTY 2 (1.06 hectares)This portion features a main residence of approximately 550m², a farmstead, and a large warehouse with a mezzanine level of approximately 1 600m². It also includes nine lettable units that provide additional rental income and contribute to bond repayment potential.PROPERTY 3 (2.57 hectares)This adjacent vacant land is currently used for overflow parking and offers further expansion potential for additional facilities or may be sold separately for development purposes.ASKING PRICEProperties 1 and 2: R13 000 000Property 3: R3 000 000This offering presents a versatile hospitality and property investment with strong expansion and income-generating opportunities.