Property Overview
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- Size:
- 5,909 sq ft / 549 sq m
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- Sale Type:
- For Sale
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- Rental Income:
- N/A
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- Property Type:
- Miscellaneous
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- Auction:
- No
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- Development Opportunity:
- No
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- Investment Opportunity:
- No
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- Tenanted:
- N/A
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- Energy Rating:
- N/A
General Summary
Excellent buy to rent opportunity with a strong yield.
Situated 6 Pepper Street, in the heart of The Long Street Party District. 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. 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
