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200m² Business For Sale in Primrose

AUCTION 2 AUGUST 2016 @ 12H00

The property is currently trading as the Portugese Restaurant, Genos. Genos has been in the area for several years and has regular support from the clientelle in the area as well as new feet coming from by word of mouth advertising.

The property will be sold with the current liquor license, which will need to be transferred to the
purchaser. These costs will be payable by the purchaser.

The location of the subject property hosts for an ideal site conversion for a pub and pool lounge. The surrounding neighbourhood will be of great support to this as there is not a similar conversion in this area. The property is zoned Business 2 which will allow for the conversion.

Accommodation Areas:
Larger indoor restaurant layout
Outdoor section, both open and enclosed
Kitchen and scullery facilities with a smaller office/storage
space.
Male and Female bathroom facilities
Kids indoor and outdoor entertainment areas
Street parking for clients
On-site parking for staff

Features

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0
Title:
Freehold
Zoning:
Commercial
Sizes
Floor Size
200m²
Land Size
784m²
Extras
AUCTION 2 AUGUST 2016 @ 12H00 The property is currently trading as the Portugese Restaurant, Geno’s. Property hosts for an ideal site conversion for a pub and pool lounge.

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BIDDERS PACK - PRIMROSE2.4 MB
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 14%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Vat 14%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

13,493,499.66

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