NEW LIFE PUB & GRILL – SHELLY BEACH TURNKEY HOSPITALITY OPPORTUNITY | PRIME MARINE DRIVE POSITION |
An exciting opportunity to acquire a substantially completed Pub & Grill in one of the South Coast’s established coastal destinations.
Ideally positioned on the prominent corner of Marine Drive and Jackson Street in Shelly Beach, New Life Pub & Grill offers an excellent opportunity for an entrepreneur, hospitality operator or investor looking to step into an already established restaurant environment.
Considerable work has already been completed, including the restaurant fit-out, commercial kitchen, bar, furniture, lighting, décor, signage and operational infrastructure. This means the new owner can avoid much of the time, expense and complexity normally involved in creating a hospitality venue from the ground up.
KEY FEATURES
• Prominent Marine Drive location with excellent visibility
• Large customer parking area
• Fully fitted restaurant and bar environment
• Commercial kitchen and equipment
• Dining and customer areas
• Furniture, fixtures, lighting and décor
• Established New Life Pub & Grill branding
• Operational systems and documentation available
• Architectural floor plans available
• Restaurant use confirmed as a permitted use under the applicable municipal zoning
• Liquor licence application formally acknowledged and currently progressing through the regulatory process
• Current ground-floor layout indicates approximately 57 restaurant seats plus 14 bar stools
The opportunity offers flexibility for the incoming owner. Continue with the existing New Life Pub & Grill concept or introduce a completely new hospitality brand while making use of the substantial infrastructure already in place.
The venue could lend itself to a variety of concepts, including a pub and grill, family restaurant, sports bar, steakhouse, seafood restaurant, entertainment venue, franchise or functions and events destination.
PRIME SOUTH COAST LOCATION
Shelly Beach is an established residential, commercial and tourism destination on the KwaZulu-Natal South Coast. The Marine Drive position provides excellent exposure to passing traffic while offering accessibility for both local patrons and visitors to the area.
With the right concept, management and marketing strategy, the venue provides an exciting platform from which to build a successful hospitality business serving the local community as well as the seasonal tourism market.
TURNKEY POTENTIAL
For an operator looking to enter or expand within the hospitality industry, this is an opportunity to acquire a venue where much of the establishment work has already been done.
The sale may include the restaurant fit-out, commercial kitchen equipment, bar infrastructure, furniture, décor, lighting, signage, operational equipment and selected branding and business assets, subject to the final sale agreement and verified asset schedule.
Asking Price: R1,300,000
This is an opportunity not to be missed for someone with the vision and passion to take an established hospitality platform and turn it into a thriving South Coast destination.
Serious enquiries and private viewings are invited by appointment.
Prospective purchasers are advised to conduct their own legal, financial, licensing and commercial due diligence. The liquor licence application remains subject to the applicable regulatory process and final approval.
PLEASE CALL ME TO ARRANGE A PRIVATE VIEWING
Features
Rooms
The commercial kitchen represents an important component of the turnkey proposition
DiningRoom
The ground-floor drawing identifies the principal bar, dining area, kitchen, stores, waiters’ galley, passages, toilets, covered patios, entrances and exits. The drawing itself is labelled “57 seats + 14 bar stools”, indicating 71 patron positions on the ground-floor layout.
Kitchen
The commercial kitchen represents an important component of the turnkey proposition. The final inventory will identify: • Cooking equipment • Extraction equipment • Refrigeration • Freezers • Preparation equipment • Stainless-steel work areas • Sinks and washing equipment • Shelving • Small equipment • Storage • Electrical equipment • Gas equipment where applicable • Fire and safety equipment Each major item should be photographed and recorded against the asset register
Office
Bathroom
SpecialFeature
The bar inventory will separately identify: • Bar counters • Refrigeration • Display equipment • Shelving • Glass storage • Beverage equipment • Furniture • Lighting • POS equipment where included • Other bar fixtures and fittings Opening beverage stock would ordinarily be purchased separately by the incoming operator unless specifically agreed as part of the sale. The pool table is close to pub for extra entertainment.
Parking
Plenty of parking is available, with approximately 1 parking bay for every 4 seats, ensuring convenient parking for customers and staff.
Amenities
Property Location
Finance
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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.