Property features

R9 100 000
Levies R9409 pm
Rates R6111 pm
Security Estate

Property Details

Listed 25/02/2025 PLEASE TAKE TIME AND WHATCH THE VIDEO. Step into an extraordinary investment opportunity with this premium nightclub, perfectly positioned in the heart of Margate’s bustling CBD. Renowned for its high-market appeal and stellar reputation among the local community, this venue is more than just a nightclub—it’s a multifaceted entertainment hub designed for lasting success. Property & Venue Highlights: • Spacious & Versatile Layout: Own a well-appointed building with a sectional title covering 517 m², complemented by an additional 80 m² of balcony space—ideal for both intimate gatherings and high-energy events. • Premium Facilities: Benefit from two large walk-in fridges for optimal beverage storage and three potential bar counters, with one currently in operation, allowing for future expansion and creative service options. • Exclusive Ambiance: Enjoy top-of-the-range décor featuring unique graffiti walls and exclusive outdoor areas that create a modern, edgy tone for a memorable guest experience. Operational Excellence: • Advanced Security: Stay secure with state-of-the-art CCTV systems safeguarding both patrons and staff. • Backup Water Facilities: Ensure uninterrupted operations even during unexpected circumstances. • Quality Entertainment Setup: Be fully equipped with top-notch sound and DJ equipment, ready to elevate any event. Additional Revenue Streams: • Daytime Business Addition: Generate extra income through an on-site car wash operation, perfectly complementing the nighttime energy of the venue. Investment Details: • The nightclub business itself is separately for sale at R3,000,000, reflecting its strong revenue potential. • Additionally, the business with the sectional title is listed at R9,100,000, providing a robust asset base for your investment portfolio. Favourable gross profits and detailed financials are available upon the signing of an NDA. With its prime location, impressive facilities, and established reputation, this dynamic opportunity is set to redefine the nightlife scene in Margate. For further details or to arrange a viewing, please contact our agent and take the next step toward owning this exceptional business venture.