Proposals are invited for the leasing of a restaurant building measuring 806m² on Erf 12281 Durban for a term of 9 years and 11 months. The lease is intended for commercial purposes with no renewal rights.
The Ethekwini Metropolitan Municipality is seeking proposals for the leasing of a restaurant building located on Erf 12281 Durban, as outlined in SJ Plan No. 4805/6. This property, spanning 806m², is available for commercial leasing for a fixed period of nine years and eleven months, without any options for renewal. Interested parties must demonstrate their capability to operate a restaurant effectively, ensuring compliance with local regulations and standards.
The successful bidder will be responsible for maintaining the premises and adhering to all relevant health and safety regulations. This opportunity is ideal for established restaurant operators or new entrants with a solid business plan. The lease offers a unique chance to capitalize on the growing demand for dining experiences in Durban, providing a strategic location for attracting both local and tourist clientele. Proposals should outline the intended use of the space, operational plans, and financial projections to ensure a competitive selection process.
This tender is suitable for established restaurant operators, hospitality businesses, and entrepreneurs looking to enter the food service industry. Businesses should have experience in managing restaurant operations and be prepared to meet local regulatory requirements.
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