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Restaurant For Sale in Cape Town City Centre

Ref # 2336595
R15,000,000
Property Details
101 Hout St, Heritage One
443m²
443m²

This restaurant space, located at 101 Hout Street in the Cape Town City Centre, is for sale. The space is fully fitted and furnished and will be sold "AS IS". The space measures 443m2 and comprises Section 3 and 4.

The space previously operated as Zsa Zsa and has been replaced by another restaurant. The purchaser will be purchasing the Lease Hold with 73 years remaining on it. A new lease agreement has been entered into with a well-established tenant that starts on 1 January 2025 and runs for 5 years. The lease escalates at 8.0% p.a. and the tenant pays all the expenses. A more detailed breakdown of the rental and expenses will be provided on request.

The CBD offers a strong commercial and retail presence with the tax beneficial Urban Development Zone (UDZ) extending from the CBD through to Maitland and the Southern Suburbs. The City bowl offers convenient office space, usable public spaces, great restaurants, bars and theatres mostly set in attractive Victorian buildings.

Property Features
Property Type
Retail
Floor Size
443m²
Land Size
443m²
Additional Information
Grade
A
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About Roeland Square
Roeland Square: Your Gateway to Cape Town's Bustling East City Roeland Square isn't just a commercial complex; it's a strategic launchpad for your business to thrive in Cape Town's vibrant East City. This well-established development offers a variety of office and retail spaces, making it ideal for businesses of all sizes and industries. Central Location: Situated on Roeland Street, Roeland Square boasts a central location with easy access to major routes like the N1 and M3 highways. The MyCiTi bus system and train stations are also nearby, ensuring a convenient commute for your employees and accessibility for clients. A Mix of Office & Retail Space: Whether you require office space for your team or a retail storefront to showcase your products, Roeland Square caters to your needs. This mixed-use environment fosters a dynamic atmosphere and potential collaboration opportunities. Modern A-Grade Office Space: Discover a variety of contemporary office suites featuring high-quality finishes and a professional ambiance. Choose from open-plan layouts or private executive suites to create a workspace that perfectly suits your team's size and work style. Prime Retail Space: If your focus is retail, Roeland Square offers well-positioned storefronts with excellent exposure for your brand. This central location is ideal for attracting customers and establishing your presence in Cape Town. Surrounding Amenities: Roeland Square is surrounded by a variety of established businesses and amenities, including a Virgin Active Gym and Gardens Shopping Centre. This provides convenient access to lunch spots, shopping options, and fitness facilities for your employees. Thriving Business District: Become part of Cape Town's dynamic East City business hub. Roeland Square positions your company at the heart of the action, ideal for networking opportunities and fostering valuable business connections. Roeland Square offers more than just space; it offers a strategic location, a vibrant atmosphere, and the potential for growth. Contact a leasing agent today to explore available office suites or retail spaces and discover your perfect spot in Cape Town's thriving East City!
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