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Developed Property - Light Industrial Use

 

PROFILE    
Description:   
  • The property was acquired in June 2005 to house a business acquired on the same date.
  • Property consists of 226m2 offices on a 2545m2 property, with all the required infrastructure.
  • Depending on the owner/main tenants requirements; the offices can be subdivided into an office suite on the same property, that fulfill lesser requirements. The offices are completely separate and any principal tenant/buyer shall have complete privacy and security.
  • The primary cluster of spacious offices on the corner of Palm and Naboom Str. are available for any interested party requiring a complete set of offices.
  • A detailed sketch that gives the layout of the offices, situated on a full 2545m2 property is available to qualified buyers or tenants.
Industry / Sector:    Property - Commercial
LOCATION    
State / Province:    Limpopo RSA
City / Town:    Phalaborwa
Location / Area:    Light Industrial Area close to CBD
Portability:    Fixed property
PRICE    
Asking Price:    R 3 250 000
Conditions:    he asking price includes all existing fixtures and is at a 10% discount of the Market Value-negotiab
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 16 000 per month
Profit:    R 22 000 per month
Annual Return:    8 % per annum
No. of Staff:    1
Year Established:    2005
Legal Persona:    Private Company (Pty) Ltd
Other Information:     
      THE BUILDING COMPRISES THE FOLLOWING:  

  • Directors Office with adjoining Personal Assistant/Secretary office, with an entrance into the Boardroom next to it.
  • The Board Room accomodates a table and chairs that seat 8-10 people. Private toilet for the director/ board room attendees.
  • Managers Office
  • Main Entrance with a Reception Area with customer waiting area and reception counter and there is adequate space for a table and chairs for the receptionist and a clerk.
  • Four other offices all linked by a passage.
  • A kitchen
  • A male and female toilets.
  • A store Room with shelves for files and a fire proof safe.

      IN ADDITION:  

  • All the offices are air-conditioned, interconnected with a LAN network and also a telephone network. In addition there is also a dedicated plug circuit for a UPS backup possibility for the computers.
  • Security for the Offices is provided by Testlek Security Company 24/7.
  • On the outside along Palm Ave. there is covered parking that can accommodate 6 vehicles.
  • Along Naboom str. there is parking for 6-8 Customer vehicles. This parking area is not covered.
  • The 225m2 offices are available for a monthly rental amount of R16 000-00 Excl Vat.
  • Water is included but electricity shall be an additional amount per month.

      DISCLAIMER REGARDING INFORMATION  

  • No representation or warranty, express or implied, is given as to the accuracy or completeness of the contents of this profile.
  • The only representations and warranties that will be made are those that may eventually be included in a definitive agreement to the proposed sale of the vendors interests in the business.
  • Neither this profile nor any of the information contained in it shall form the basis of any contract for such sale, nor does it constitute an offer, invitation or inducement to purchase or acquire any shares in the business or any interest in it.

      GENERAL INFORMATION  

  • The property is located in a prime spot on a corner, within walking distance of the CBD.

      DETAILS OF THE BUSINESS FOR SALE  

  • The potential buyer of the business may consider operating from the same location and continue renting the premises, and/or purchase or the property outright.

      FINANCIAL INFORMATION  

  • Detailed information about the property will be made available to approved buyers.

      POTENTIAL  

  • The property is suitable for any Light industrial operation or service business.
  • The business that occupies the property is being sold and the new business buyer has the option of either purchasing the property, or renting the premises.
  • This is a great opportunity for a BBBEE service company/entrepreneur to take over this well developed property in tandem with an established business with a good track record, who will be able to secure, or have acces to local, provincial or central Government contracts.
  • If you are only interested in renting the premises, you may respond BY CLICKING at the foot of the last page of this listing and the Broker will respond and advise the principal to arrange for you to view the premises.

     REASON FOR SELLING  

  • The tenant business is being sold and the property MUST be sold if the new owner of the business does not buy or rent the property.

      PROOF OF FUNDING REQUIREMENT  

  • Interested parties MUST be able to demonstrate that they have access to the required funds to finance a cash transaction purchase.
  • In terms of the Broker mandate, the Seller will not entertain any discussions, or consent to provide any details or documentation; or accept any offer unless you first meet this criteria.
  • The Potential Buyer will need to provide proof of these financial requirements in your initial enquiry. FULL DETAILS WILL BE PROVIDED BY THE APPOINTED BROKER SUBJECT TO SIGNING A CONFIDENTIALITY AGREEMENT (NDA).

 

 

Access a ''Contact Form'' where you can provide your own contact details and ask any relevant questions. The form will be sent directly and immediately to the seller of this business.
Record ID: 2769
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