FREESTANDING BUILDING | RETAIL EXPOSURE | HIGH FOOT TRAFFIC
This freestanding building has high exposure to Observatory Main Road. This part of Observatory Main Road has high foot traffic and sees a high volume of vehicular traffic. This enhances your potential to brand your business and market to potential customers. Observatory is a vibrant, youthful suburb renowned for its student and young professional population, making it an ideal location for business and entertainment ventures. Its proximity to UCT and Groote Schuur Hospital solidifies its status as a prime destination for students and young professionals, ensuring sustained growth and demand within the area. This property is opposite the SPAR and Peak Studios student accommodation which generate their own level of foot traffic. Zoned general business 5 this property has a variety of potential uses including office, retail, residential (including student accommodation), student accommodation would be ideal given the proximity to UCT. The Purchase Price excludes VAT. Vacant occupation on transfer. Measurement of the property is approximate.
The property is currently setup as a butchery and a new owner could quite easily carry on the same business although the fixtures fittings and furniture are sold separately. The ground floor retail area features an open retail area with an admin office with glass window that has a direct view onto the butchery, a service corridor with separate entrance for easy loading and offloading directly in and out of the kitchen area, a large walk in fridge, and a hoist that can take stock to the 1st floor. The 1st floor features an open area currently used for butchery work, a walk in freezer, a large cooker hood, staff rooms and toilets.
The property is currently setup as a butchery and a new owner could quite easily carry on the same business although the fixtures fittings and furniture are sold separately. The ground floor retail area features an open retail area with an admin office with glass window that has a direct view onto the butchery, a service corridor with separate entrance for easy loading and offloading directly in and out of the kitchen area, a large walk in fridge, and a hoist that can take stock to the 1st floor. The 1st floor features an open area currently used for butchery work, a walk in freezer, a large cooker hood, staff rooms and toilets.
Features
Zoning
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Listing Info
Observatory, Cape Town
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