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Commercial Property for Sale in Bettys Bay

2674 Porter Drive, Bettys Bay
  • Gross Lettable Area 300 m²
Iconic Camelot Restaurant & Pub in Betty's Bay for sale.
This property comprises of some 300m2 under roof with: A large bar / restaurant area on entrance with seating for 30+ patrons; a well equipped kitchen with high end fryers, grillers and a professional pizza oven; cold storage facilities; large storage areas; cleaning facilities; 5 bathrooms; office; several secluded dining areas; two open balconies of 28sqm each that are great for summer entertainment with beautiful vistas of the mountain and the sea. There is a large "Big Screen" with projector for popular sport event broadcasts; two additional TV's and a Karaoke system. A new point of sales system has been installed and is operational. After signing an NDA financials can be provided. This property along with the running concern is available for R3,3m. An alternative is to purchase the Camelot Business entity separately for R1m, with a lease contract for 5 years Read more

Property Overview
Type of Property
Commercial Property
Street Address
2674 Porter Drive, Bettys Bay
Listing Date
14 November 2018
Availability Date
31 January 2019
Erf Size
893 m²
Floor Size
300 m²
Rates and Taxes
R 2 000
Zoning
Local Business

Building
Building Name
Camelot Restaurant
Gross Lettable Area
300 m²

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Bond Costs

R 24 541 p/m


Interest rate:
10.25%

Period:
20 years

Deposit:
0

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