Cape Town City Centre
R16,000,000 Web Ref 1127047
PROPERTY FEATURES
Building For Sale In Long Street
**Exclusive Mandate** Building For Sale On The Corner Of Long Street And Pepper Street. Great Location, With High Visibility And Passing Trade. Situated Amongst Various Popular Restaurants And Bars. Great Opportunity For An Owner Operator Or A Potential Development of an Apart-Hotel/Co-Living/Modern Backpackers Site Breakdown * Erf Size : 401m2 * GLA : c.750m2 * Zoning : GB7 * Bulk Factor : 12 * Permissible Bulk : c.4812m2 Ground Floor (c.400m2) * Bar with Liquor License * Restaurant Seating Area * Fully Equipped Kitchen With Extraction, Gas& Walk-In Fridge * Male & Female Bathrooms First Floor (c. 350m2) * Reception Area * Various Office/Storeroom Spaces * Private Street Entrance * Courtyard & Balcony REJUVENATION PROJECT This Site Falls Under The Upper Long Inner City Rejuvenation Project, Which Aims To Re-Establish Long Street As Africa’s Cultural And Entertainment Capital. The Focus Area For The Project Is Upper Long Street Between Pepper St And The Long Street Baths. Improvements To Breathe Life Into The Space Include Increasing Safety And Security, Deep Cleaning, Greening, Lighting, Signage, Pedestrianisation And Inner-City Toilets. *Please Note That The Selling Price Is Vat Exclusive*

ERF Size 401 m²
Building Size 750m²
Rates R10,354 per month
Terence Rice
c. 0823721607
Kaushik Nathoo
c. 0616006860