Pam Golding Properties

Commercial business for sale in Margate

Commercial business for sale in Margate - 1PSH1695533
  • For sale
  • Video
  • For Sale
  • /
  • South Africa
  • /
  • KwaZulu-Natal
  • /
  • Southern KwaZulu-Natal
  • /
  • Margate
  • /
  • 1PSH1695533

R8,700,000

20 parking baysBuilding 517 m²Energy supplies: EskomWater supplies: Council Supply

Expenses

Levies: 
R9,409 per month
Rates and Taxes: 
R6,112 per month
  • Alternate Water
  • Garden
  • Parking
  • Wheelchair
Listing #: 1PSH1695533

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

I'm your local property expert in Margate, South Africa

Khwezi Nzimande

Khwezi Nzimande, your local property expert in Margate, South Africa
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Registered with the PPRA - Full Status FFC

Khwezi Nzimande

Khwezi Nzimande - null
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Port Shepstone / Margate Office

Shop 5, 718 Marine Drive, Shelly Beach, 4265, KwaZulu-Natal
Registered with the PPRA.Holder of a Business Property Practitioner FFC. Operating a Trust Account. A Franchise of Pam Golding Franchise Services (Pty) Ltd.Coastal Premier Properties (Pty) Ltd t/a Pam Golding Properties Port Shepstone/Margate
Port Shepstone / Margate Office details

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BackCommercial business for sale in Margate

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