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4 Bedroom House For Sale in Margate

Margate, Hibiscus Coast
R 2400000
RunningCosts Bond
Costs
Property Type House
Erf Size NA
Levies R 0
Listing Date December 17, 2024
Floor Size NA
Rates and Taxes R 0
Details
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Property description

Greetings and welcome to my listing. I am Dolla a dedicated real estate agent specializing in the vibrant South Coast market.

Nestled along the picturesque South Coast, this renowned Pub and Grill has been a beloved landmark for over 20 years. Known as the best restaurant in the region, it has become a staple in the local dining scene. The current owners are now ready to pass on this legacy to the next generation, presenting a unique and profitable business opportunity. Established Reputation: Recognized as the top dining destination on the South Coast, boasting a loyal customer base.

Fully Licensed: The business holds a valuable daily operational license, ensuring smooth and legal operations.

Business Model: Operating as a thriving pub and grill, complemented by a licensed gambling room with four slot machines, promising an additional revenue stream.

Property Details:

Pub and Grill Premises:

Fully equipped kitchen and bar

Spacious dining areas

Entertainment facilities, including a gambling room

Second Property:

A 4-bedroom house connected to the pub and grill

Outdoor entertainment area featuring a pizza oven

Store room with fridges and essential equipment

Investment Highlights:

Running Concern Sale: The business and both properties are sold as a single investment, ensuring a seamless transition for the new owners.

Expansion Potential: Opportunities exist for adding a Backpacker’s accommodation, a high-demand service on the South Coast.

Why Invest:
This rare offering combines an established, profitable business with valuable real estate in a prime location. With strong revenue streams and expansion potential, it’s an ideal venture for entrepreneurs seeking a turn-key operation with significant growth prospects.

Don’t Miss Out:
Seize this unique chance to own a well-established business with immense potential for further success and development.

  • Store Room
  • Freehold
  • Pets Allowed
  • Flooring: Tiles
  • Walling: Fully Fenced

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