Commercial space in Lennoxton
Unlock the ultimate business opportunity with this prime commercial property, a powerhouse of diverse revenue streams and endless potential. Perfectly positioned for the savvy entrepreneur, this property blends entertainment, dining, gaming, and accommodation into a lucrative, turnkey investment.
Step into a world of possibilities with a vibrant mix of high-demand amenities, including a bustling pub, fully licensed bar, restaurant with a fully equipped kitchen, a dance floor, a gaming room with pool tables, and eight restroomsall designed to cater to a lively clientele. The two established business tenants, each with independent electrical meters, generate steady rental income, offering both financial stability and growth potential.
Adjacent to the main structure is a charming flatlet, featuring two spacious bedrooms, a bathroom, lounge, dining room, and a well-appointed kitchenideal for additional rental income or owner accommodation. Security is top-tier, with 14 CCTV cameras, an alarm system with armed response, and bulletproof windows safeguarding cash transactions in a secure, purpose-built office.
Included in the sale is the owner''s thriving pub/restaurant, complete with a gaming room hosting eight slot machines. This business, already a local favorite, provides instant revenue with vast expansion potential. The property boasts four essential licensesEntertainment, Alcohol/Bar, Gaming (with room to expand up to 40 slot machines), and Takeaway/Sit-In foodallowing for a seamless transition into business operations.
The propertys advanced infrastructure includes an inverter system with a lithium battery for uninterrupted power, four air conditioning units. The kitchen is primed and ready for culinary innovation, while transferable alcohol stock adds an extra layer of convenience for the new owner.
In addition to the current offerings, the nearby development of a car wash is set to increase foot traffic and profitability, making this an unmissable opportunity to grow and diversify. With the right vision and strategic management, this property is primed to become a premier entertainment and business hub.
Dont just investtransform this dynamic commercial venture and unlock boundless rewards in its prime location. The future is yours to shape.
Property details
- Listing number T4818175
- Property type Commercial
- Erf size 600 m²
- Rates and taxes R 9 000