POA | 550m² Business To Let in Paarl Rural

EXCLUSIVE RENTAL MANDATE

This almost 44ha farm is located in the idyllic Cape Winelands, in the Western Cape of South Africa. The Estate is ideally positioned on the Du Toitkloof Pass Road, in a spectacularly scenic area, with breathtaking views up to the mountains.

The rental offering includes a restaurant area, including a kiddie's play area (an ideal space for kiddies' parties) (550sqm), and a large function hall (170sqm), a large lawn with a kiddie’s jungle gym and other outdoor playground equipment, an under- roof outdoor seating area, two kitchens, storeroom, and an additional formal venue hall. A large space with a concrete floor is also available to utilize (ideal for erecting a marquee- or Moroccan tent) for a craft market. The rental price is only charged on the areas “under roof” but the lawns, etc. are also used by the tenant for functions.

Activities previously hosted at this Estate include the Cape Epic MT Bike Race, the Green Forest Downhill Trail Series running events (for 3 years), an obstacle race (with about 1,500 participants and approximately 4,000 spectators), team building and smaller business conferences, expos, arts & crafts markets, wedding functions, matric farewells, and music festivals.

(The safe crossing of the two national roads (N1 and R101) by athletes via the two tunnels on the Estate is a unique selling point and creates enormous potential for the offering of various kinds of sporting events.) Zoning is approved for all these types of activities.

The owner is seeking an entrepreneur with the appropriate qualifications, a known reputation, and high energy to establish a sought-after restaurant, functions, and events business on this farm. This entrepreneur will have the freedom to, in addition to activities related to the farm's character, such as hosting weddings- and other functions, offer activities such as wine- and food pairings, cheese/charcuterie platters, picnics, gourmet weekends, craft markets, music festivals, and sports events.
The opportunity exists to advertise to thousands of people passing on the N1 and R101.
Make an offer based on the average going rate of R70-R80/sqm.

Apart from the Restaurant and Functions Venue, there is also 24ha farmland (including 4ha lucerne) available to rent at R1,750.00 per hectare. Water, and underground pipelines, are included in the farmland rental.