PRIME STEAKHOUSE / RESTAURANT OPPORTUNITY TO LET – SANDTON
PRIME STEAKHOUSE / RESTAURANT OPPORTUNITY TO LET – SANDTON
Exceptional Restaurant Space in a High-Traffic Mixed-Use Destination
Available Retail Unit: U14
Sandton Hotel Development, Sandton
Internal Area: 498m²
Exclusive Outside Seating: 176m²
Total Customer Trading Area: 674m²
An outstanding opportunity exists for an established steakhouse, restaurant operator, grill concept, premium dining brand, sports bar, or hospitality group to secure a flagship position within one of Sandton’s fastest-growing mixed-use precincts.
This prominent restaurant space is strategically positioned within the Sandton Hotel development, benefiting from a built-in customer base generated by:
483 residential apartments ranging from studios to 3-bedroom units
500+ hotel rooms within the hotel component
Current hotel occupancy averaging 66%, with peak periods reaching full occupancy
Residential occupancy projected to exceed 70% by April 2026
Continuous foot traffic from residents, hotel guests, business travellers, conference attendees, and visitors
The expansive outdoor seating area creates an exceptional al fresco dining experience, ideal for premium restaurant operators looking to maximize trading capacity and visibility.
Ideal Uses
This space is suitable for:
Premium Steakhouse
Grill & Smokehouse
Family Restaurant
Sports Bar & Grill
Gastro Pub
Contemporary South African Restaurant
Wine Bar & Restaurant
Mediterranean Restaurant
Fine Dining Concept
Seafood Restaurant
Signature Hotel Restaurant
Cocktail Lounge with Food Offering
Franchise Restaurant Brand
Corporate Entertainment Venue
Rental Information
Internal Area
498m² @ R250/m²
Exclusive Outside Seating
176m² @ R125/m²
Additional Charges
Operational Costs: R72.60/m²
Rates: R32.60/m²
Refuse: R0.65/m²
Marketing Levy: 3.5% of Basic Rental
All amounts exclude VAT.
Parking
1 free parking bay per 100m² leased
Additional parking available:
Levels 3, 4, 5 & 6: R800 per bay
Basement B1: R1,200 per bay
Tenant Benefits
Tenant Installation Allowance (TIA)
Equivalent to one month’s rental per year of lease signed.
White Box Delivery
The premises will be handed over in white-box condition, allowing tenants to design and fit out the space according to their brand requirements.
Why This Opportunity?
Located in the heart of Sandton
Large captive residential market
Significant hotel guest traffic
Excellent outdoor dining component
Ideal for destination dining
Strong long-term growth potential
Premium mixed-use environment
Ample parking facilities
To arrange a viewing or discuss leasing terms, contact me!
Features
Amenities
Finance
Disclaimer
While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated 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.