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R4,800,000

260m² Building For Sale in Stanford

This prime multi purpose business property in the main street of Stanford with its inviting verandas is currently the Fox & Talbot photographers Gallery but could easily be converted back into a restaurant or pub.

Previously a successful restaurant, the current owner has rejuvenated the spaces into his own gallery/studio whilst retaining the structure for future use as a restaurant. The bar (and current on-consumption license) and his and her toilets are still in place, as is the original (3-phase) kitchen space & brick pizza oven, albeit stripped of equipment and refreshed with a new wash up area.

The original manager’s cottage has likewise been revamped and updated to produce a second self contained living space. Holiday rentals or owner/staff accommodation.
The cherry on the top is that the asking price includes the sub divisible stand releasing 30 meters of high street frontage. Municipal, verbal in principle, approval have been obtained for the subdivision and would leave the two plots well within comparable stand sizes and would still leave the existing structure with enough parking bays to meet the municipality’s parking requirements.

Each apartment has beautifully finished bathrooms with large showers.
The 2 apartments have one fully equipped kitchen and one smaller kitchenette/washroom, aircon in the larger apartment.

Some equipment and furniture is included in the sale, come have a look and see how this brilliant location would work for your business plans.

Features

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8
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
260m²
Land Size
1,576m²
Parking Bays
Open Parking Bays
8
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

64,098.72

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