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PROFILE |
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Description: |
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Industrial property for sale with two long term national brand tenants who carry all costs. The erf size is 6770m² and Gross Leasable Area is 2852.5m².
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Industry / Sector: |
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Industrial Services |
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LOCATION |
| State / Province: |
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North West RSA |
| City / Town: |
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Klerksdorp |
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Location / Area: |
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Klerksdorp |
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Portability: |
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Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
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PRICE |
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Asking Price: |
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R 19 770 065
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| Conditions: |
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negotiable |
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FINANCIAL & OPERATING INFORMATION |
| Turnover: |
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R 1 977 006 per month
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| Profit: |
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R 164 750 per month
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| Annual Return: |
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10
% per annum
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| No. of Staff: |
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10 |
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Year Established: |
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2008 |
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Legal Persona: |
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- unknown or withheld - |
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Other Information: |
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THE TENANTS
Both tenants are on triple net leases which means that they pay 100% of all the outgoings including all municipal costs (inc. rates and taxes) and all repairs and maintenance. The one tenant has 5 years left on their current lease and the other has three years to go.
NON-DISCLOSURE AGREEMENT
Any interested party will need to be prepared to complete and sign an non-disclosure agreement. The NDA will specify the limitations on the use of information supplied. This protects all parties involved.
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