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Commercial space in Oudtshoorn

R 8 595 000

Address: 56 baron van reede street
Land Area 1979 m²

Large commercial property located on the Golden Mile en-route to Cango Caves. This large commercial property is one of Oudtshoorn''s landmark buildings.

The building is currently utilized as a restaurant & bar, overnight accommodation, entertainment area and various retail shops.

The building consists of:

9 Retail shops/spaces

1 Bar with large entertainment area

1 Restaurant with large indoor and outdoor entertainment area and seating

1 Accommodation(Overnight) facility

Large storage area on second floor that can easily be converted into retail shops/offices

In total the building has 16 toilets, 14 kitchens/kitchenettes, on-street and off-street parking.

This double story building is currently tenanted with an excellent annual return on investment.

Long term leases are in place.

VAT is applicable on this transaction

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