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R166 per m²

Gross Monthly Rental
R100,000 Excl. VAT
Lease Period
60 months
Availability
Negotiable

History meets the Future

The Old Castle Hotel and previously known Esco Bar is looking for it's new Visionary.

With it's Old school/ Historic Charm and History this amazing building is packed with possibilities.

It's Location and it's neighborhood being District Six in Cape Town as well as it's vicinity to and basically in Harrington street culture and vibe as well as Gardens makes this ideal for multiple possibilities.
Such being an Exclusive Boutique Hotel with restaurant and Rooftop Bar, Trendy and culturally Cape Town vibe Office Space and Much more.

It Boasts with the front of the building known as the downstairs street front with covered patio and entrance as well as upstairs more exclusive Rooftop Bar, Lounge and or entertainment deck.

With an entrance adjacent to the retail/ restaurant/ street front space is a private door leading upstairs into a newly renovated 9 Bedroom living space all with en suite bathrooms.
This can be utilized as an Air B 'n B, Business Accommodation and or Commune Accommodation.
This section of the Hotel is on the market separate and can be rented unfurnished at an additional rental price of R72 000.00/ month Ex. Vat. separate.

Truly a property not to be missed. There is not many of these quality and location properties left.

Call us today for more information and to book your private viewing.

Notes on Application to rent:

+ Rent is R100 000.00/ month Ex. Vat. For the downstairs and upstairs bar and lounge and R72 000.00/ month for the 9 Bedroom accommodation section of the building.
+ An application does not guarantee the lease.
+ Double deposit Ex. Vat applies.
+ Water and electricity for tenants account.
+ Street front parking.
+ There is No Lift/s in this building. it only consists of the ground floor (street front), First and second floor.
+ No Power backup in the building, tenants may at their cost install inverters and backup power.
+ R400 credit check fee per individual/ Director and if applicable R600 for Companies/ entities.
+ Upon successful acceptance and signing of a lease agreement the deposit, first months rent incl. Vat is payable to the landlord as well as a R5500 Administration fee to Urban Link.

Notes:

-The Liquor License is still in Place!
-Has two kitchen extractors, just needs a service.
-Some nice light fittings.

Features

0
0
Zoning:
Commercial
Interior
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
600m²
 
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Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

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Vat 15%
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