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RADIUM BEER HALL - LEGACY SALE

RADIUM BEER HALL - LEGACY SALE

The Radium Beer Hall is a historic and iconic establishment with a rich legacy dating back to 1929. As one of the city’s oldest surviving pubs, the Radium exudes a vintage charm, nostalgic atmosphere that reflects its deep-rooted ties to South Africa’s social and cultural history.

The interior boasts wooden floors with a spacious layout, making it suitable for a variety of commercial uses. The existing setup includes a large bar area, a kitchen, and ample seating space. The property’s layout allows for flexible use, whether continuing its legacy as a bar and restaurant or transforming it into a new venture.

The legacy of the Radium is looking for a young new mind to re-invigorate the property once more. The property offers versatile options and can be sold as a going concern.

Key Features
- GLA: +/- 700 sqm
- ERF size: 483 sqm
- Can be sold as a going concern
- Established clientele
- ONCE IN A LIFETIME OPPORTUNITY
- Rich in history

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
700m²
Land Size
483m²
 
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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

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Monthly Payment

42,178.63

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