Commercial business for sale in Margate

Unique Investment Opportunity: Multi-Use Venue in Margate CBD
Unlock a rare investment opportunity in the heart of Margate's Central Business District (CBD). This versatile venue is more than just a nightclub—it's a dynamic business hub that includes a nightclub, pub, restaurant, outdoor garden braai area, and car wash, providing a range of income streams both day and night.
• Equipped with state-of-the-art CCTV systems, the venue ensures safety for both patrons and staff, making it a secure environment for all.
• The venue includes three potential bar counters (one in operation) and two large walk-in fridges.
• This property offers 517 m² of well-designed indoor space, plus an 80 m² balcony area and garden braai area approximating at 100 m².
• All necessary licenses are up to date, including liquor, fire, gambling, and business licenses, ensuring the venue operates legally and smoothly.
• The venue features modern graffiti wall art and expansive outdoor spaces, creating a vibrant atmosphere perfect for both lively parties and relaxed social gatherings.
• A backup water facility is in place, ensuring uninterrupted service during unforeseen disruptions.
• The venue is fully equipped with top-notch sound and DJ equipment, ideal for hosting live performances and high-energy events, attracting diverse crowds.
• In addition to its nightlife offerings, this venue also includes a fully operational car wash, generating steady daytime income and complementing the evening business. This added feature maximizes profitability throughout the day and night.
• Business Price: The complete business package, including the nightclub, pub, restaurant, and car wash operation, is available for R2,730,000.
• Property Price: The business, property, including the sectional title and all necessary licenses, is listed at R8,700,000.
• Financial Transparency: Detailed financials and gross profit information are available upon the signing of an NDA.
Listing details
Other features
- Roof
- Tiled roof
- Walls
- Plastered walls
- General building features
- Wheelchair access
- Commercial facilities
- Restaurant
- Exterior features
- Water tanks
- Garden
- Security
- Alarm and cctv cameras
- Other
- Cellular coverage, electricity, road access and solar box
