AUCT-002714 | On Auction

High Yielding Fully Fitted Restaurants & Events Venue

Until Our Next Auction
21 May 2026 | 11:00:00 am

  • How we Work
    2026-05-21 11:00:00
    High Yielding Fully Fitted Restaurants & Events Venue

    Shop 13 & 14 SS Lower Quarry, Pin Oak Avenue, Hilton, Pietermaritzburg

    Combined Extent: ± 292 m² | High yielding and highly profitable hospitality asset | Sale includes both the property and the business- Lock, Stock and Barrel | Prominent Quarry Centre | Award-winning Taste of Thai with multiple Thai Select recognitions

    Pietermaritzburg, KwaZulu-Natal


    A rare opportunity to acquire a fully operational and comprehensively fitted restaurant and spa, currently occupied by the award-winning Taste of Thai, widely regarded as one of the best restaurants in Hilton. The restaurant has received multiple Thai Select recognitions, reinforcing its authenticity and strong market reputation. This unique offering includes both the property and the business, presenting a true turnkey hospitality investment with an established brand presence and proven trading performance.

    Property Breakdown & Features
    The property offers a capacity of approximately 160 patrons and is configured to support both traditional restaurant operations and private functions. The layout includes multiple internal areas such as a reception space, private rooms, and three dedicated treatment or massage rooms, allowing for flexible usage and diversified income streams. The main restaurant and surrounding areas are supported by four air conditioning units, ensuring a comfortable environment throughout the premises.

    A fully equipped commercial kitchen is in place, fitted with deep fryers and gas installations to accommodate high-volume food preparation. The property also features an exclusive outdoor entertainment area, complete with tables and chairs, ideal for private events or additional dining capacity. Approximately 16 security cameras are installed across the property, ensuring comprehensive coverage.

    Security & Facilities
    The property is well-equipped with essential facilities to support large volumes of patrons and staff. Male and female bathroom facilities are available, including multiple toilets and urinals, catering to high-capacity usage. A dedicated staff locker room provides practical staff management, while water tanks are installed to ensure backup water supply. The overall layout is secure and designed for efficient day-to-day operations.

    Tenancy & Income Potential
    This asset presents strong income-generating potential through its multi-use design. The sale of both the property and the business allows for immediate continuation of operations, with existing infrastructure, layout, and brand positioning already in place. The combination of restaurant trading, private functions, and event hosting creates multiple revenue streams, while the reputation of a well-established, award-winning operator enhances ongoing demand and foot traffic.

    Property Locality
    Well-positioned within an established and accessible area, the property benefits from surrounding residential and commercial activity, ensuring consistent demand for dining and event-based offerings. Its reputation as a destination venue further strengthens its long-term sustainability within the Hilton node.

    Property Area
    The property comprises a fully developed hospitality facility with both indoor and outdoor functional areas designed to maximise operational efficiency and guest experience.

    Conclusion
    This is a rare opportunity to acquire both a fully fitted hospitality property and an established, high-performing business. With its scale, flexibility, and proven reputation, the asset is well-positioned to deliver strong returns for investors or owner-operators seeking a high-yielding, turnkey opportunity.
    Commercial Type:
    Retail Space
    Web Reference:
    AUCT-002714
    List price:
    POA
    Address:
    Shop 13 & 14 SS Lower Quarry, Pin Oak Avenue, Hilton, Pietermaritzburg, uMgungundlovu District Municipality, KwaZulu-Natal
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    21 May 2026 11:00 am



    Auctioneer:
    Andrew Miller
    Auction Terms and Conditions:
    R50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required DISCLAIMER: Website listings are for information purposes only and remain subject to change, amendment, correction or withdrawal at any time prior to the auction. As further information becomes available, revised listings will be published from time to time. It may not be possible to identify, track or specifically draw attention to every amendment or revision. The final brochure and Conditions of Sale, as issued to each registered bidder via email and/or WhatsApp prior to or on the day of the auction, shall constitute the final, governing and binding documentation applicable to the auction and the sale of the property. It is each Purchaser’s sole onus and responsibility to ensure that he has received, read, understood and agreed to the final brochure and Conditions of Sale and to bid and purchase strictly in accordance therewith. Registration for the auction shall constitute deemed acceptance of the final documentation as issued.

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    Marco Forno
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    Marco Forno

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    mforno@in2assets.com

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