Property Overview
-
- Size:
- 5,909 sq ft / 549 sq m
-
- Sale Type:
- For Sale
-
- Rental Income:
- N/A
-
- Property Type:
- Clubs
-
- Auction:
- No
-
- Development Opportunity:
- No
-
- Investment Opportunity:
- No
-
- Tenanted:
- N/A
-
- Energy Rating:
- N/A
General Summary
Hottest nightclub available situated in long street cape town
The Cape Town central business district, also known as the City Bowl area is
considered the heartbeat of Cape Town and is enfolded neatly between the harbour
and the mountain. Cape Town’s hottest nightlife artery, the aptly named Long Street
is a seemingly endless stretch of bars, clubs and restaurants. Long Street caters to
almost every musical and social taste, every night of the week. This night club has been running in excess of 12 years, the owner is looking to sign a
lease for a further 10 years. Sale-and-Leaseback with a 13. 3% Yield. Excellent buy to rent opportunity with a strong yield. The Concept” nightclub has
been operating for 12 years successfully in the same premises. The owner would like
to un-tie the cash in this asset to fund additional projects.
