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Mun. Rates & Taxes: ZAR 0.00
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Property description
Discover a rare business opportunity in the heart of Illovo with the renowned The Terrace Restaurant and Beer Garden. This turnkey operation offers a thriving, well-established hospitality business situated within the popular Illovo Nursery, perfect for entrepreneurs looking to step into a profitable and popular venue without the hassle of property ownership.
Business Highlights:
Prime Location: Situated within the bustling Illovo Nursery, attracting a steady flow of local patrons and visitors.
Operational Focus: Open for breakfast and lunch, catering to both casual diners and families.
Versatile Venue: Ideal for kids’ parties, birthdays, corporate events, and weekend gatherings.
Fully Licensed: Serving a diverse menu with an extensive breakfast and lunch selection.
Unique Features: The “parrot-dise” themed restaurant and a separate beer garden with an attached kids’ play area, currently operating on weekends and holidays, with plans for extended trading hours.
Entertainment & Atmosphere: Hosts live musicians, creating a lively and inviting ambiance.
Revenue Potential: With a strong customer base and flexible trading hours, this business promises significant income — a fantastic opportunity for a family or investor aiming for a robust return.
Financial Details:
Monthly Rent: R35,000 (payable to the property owner) — but don’t worry! The income generated from this business far exceeds this expense, ensuring excellent profitability on this exciting deal.
This is a rare chance to own a thriving hospitality business in a sought-after location, with plenty of growth potential. Whether you're an experienced restaurateur or a passionate entrepreneur, The Terrace Restaurant and Beer Garden offers the perfect platform for success.
For more information or to arrange a viewing, contact us today!
Note: The sale includes the business only; the property remains under lease with the landlord
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Christine Du Plessis
Full Status Property Practitioner