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