The property comprises two retail areas on the ground floor
with one large retail area on the first floor There are some
unplaster walls throughout the building which shows the
historical building materials used.
The first floor is occupied by SOHO and is currently used as
a bar/nightclub The first floor offers a combination of tiled
and laminated flooring with ample lighting and air
conditioning (split units) throughout The space is neat and
well maintained and it is evident that aesthetic upgrades
have recently taken place The fittings and finishes are of a
good quality and overall, the space is in a good condition.
The two retail areas on the ground floor are occupied by
Slug Lettuce and SOHO (which also occupies the first
floor) SOHO signed a long term lease for the one retail area
on the ground floor and did extensive remodeling last year.
The area offers high ceilings, tiled flooring and a ducted air
conditioning system throughout The area also offers a small
kitchen and bathroom with fittings of a good quality.
The purchaser can acquire the Slug and Lettuce operation /
Turn key or purchase as a going concern.
The seller will also cede the process for a large 3 rd party
signage application through WideOpen that could produce
another approx R 50 000 per month for the Purchaser.