Colonial villa restaurant – business for sale

$35,000 USD

Property Description

This beautiful colonial villa on Street 178 is currently in use as a restaurant (approx. 120 sqm) and the business is now up for sale.

The building has been sympathetically restored to retain its period style and charm complete with elegant staircase entrance, high ceilings and original tiles.

The entrance leads up to a front patio and from there you enter the bar area. On the left there is a large open plan dining area which leads to the WC and kitchen. Upstairs there is room which is used as staff accommodation.

The business has seven and a half years remaining on its lease and the current rent is $1,000/month which will potentially increase incrementally to $1,100/month.

The business is now being offered at $35,000 with the possibility of purchasing the equipment.

Alternatively, the space could be converted to a design space, office or art gallery.

The possibilities are there for those looking for a colonial style building with original features.

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