It’s Time - This unique property in the heart of Wynberg Chelsea village is in need of a new custodian.

R12,000,000
Property Details

An opportunity to acquire a prime piece of commercial real estate in Wynberg Chelsea Village with plenty of parking over the road.

Zoned : GB1 - Erf size - 311 m2 - Rates: R9,000-00 pm

The owner is Vat registered.

This exceptional property situated on Wolfe Street is zoned GB1 and offers a unique business opportunity, ideal for a restaurant, pub or retail space. Surrounded by coffee shops, trendy decor outlets and heritage buildings, Wolfe street is a desirable destination stop for locals and foreigners.

The building comprises two floors with three potential rental spaces, separate entrances for both the upstairs and downstairs sections.

Access the downstairs section through double French doors to a space previously used as a very well known upmarket restaurant with

* large seating and bar area

* feature fireplace

* large industrial kitchen with cold storage room

* storerooms and staff toilet

* His and hers toilets

* and a staircase leading to a sheltered terrace.

The tiled upstairs section currently generates rental income from a beauty spa and hairdressing salon -

* 3 spa treatment rooms

* Kitchen plumbed for a washing machine

* bathroom with basin and loo

There is ample parking just over the road

Price excludes VAT. No transfer Duty

Plans together with rental income information available on request by serious buyers

Property Features
Property Type
Business
Floor Size
400m²
Land Size
311m²
Costs and Terms
Rates & Taxes
±R9,000
Location
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