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R3,210,000

Monthly Rates
R350 Excl. VAT

Successful Restaurant for Sale

Restaurant for sale.
Don’t miss this excellent business opportunity as the very popular and established restaurant, Modern Pantry is on the market!
Located on one of the busiest streets in Welkom this modern restaurant is being sold as a running concern with all the necessary financials and clearance certificates in order.
All equipment with a value of more than 1 million Rand is included in the purchase thus ensuring your ability to walk in and thrive.
With a liquor licence this restaurant has the potential to expand business into the evenings and host some of the most exciting events in the area.

FEATURES:
1: 2 x 60 000 BTU Air Conditioners
2: Walk-in Coldroom Freezer Rooms (3m x 9m)
3: Walk-in Wine Cellar (3m x 4m) Glass Walled (chilled)
4: 40ft container converted to children play area / office
5: 3 x bathrooms (Double women's / Mens / Children & disabled)
6: 4m x 9m Granny Flat / Office with own entrance, bathroom, toilet, shower, power
7: 10 000lt backup water
8: 2 x 5kva Generators
9: Solar prep done
10: 22 x speaker music / PA system
11: Covered parking for 4 cars

Disclosure:
This is a VAT transaction, (the listed purchase price is Excl. VAT)
The under-roof property size is an estimate.

Features

0
0
Building Name:
Modern Pantry
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
230m²
Land Size
1,204m²

Doorn, Welkom

Background and Historical Information of the Area Welkom, located in the Free State province of South Africa, has a rich history dating back to the late 19th century. In 1946, gold was discovered on a farm called St. Helena, sparking a gold rush in the area. This discovery led to the establishment of Welkom as a mining town and played a significant role in the development of the region. Area...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

45,131.14

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