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MASSIVE INVESTMENT OPPORTUNITY AT YOUR DOOR STEP
R 20,000,000
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11 months ago340 views
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General Details
Location:
Description
This highly profitable landmark business which has been in existence for 80 years and is the largest independent female owned Motor Spares Store in the South of Johannesburg. This massive property is to be sold with all of it's assets, stock and vehicles etc.
Business comprises:
*Motor spares, Accessories, Body Panels and Electronic sales
*Tyre Fitment, Alignment Centre
*Vehicle Repairs Workshop
*A Hardware Department area
*Gas refill station
*This property will be sold as a going concern including assets, stock and vehicles.
* R8million worth of stock on hand
The property comprises the following:
*Double Storey retail component
*3 bed house at the back
*Carports for big trucks
*More than enough space for parking
Retail component:
Ground floor:
*Motor Spares, Alignment and Fitment Centre, Hardware Retail store and 2 bathrooms
*Workshop and office
*Mezzanine level
First floor:
* 1 × Boardroom
* 8 × Offices
* 2 × Bathrooms
It is presently generating a great income of between R1.2 million - R1.5 million monthly. Highly secured and well protected.
Zoning: Commercial / Business
This stunning commercial property is situated in the heart of Regents park, Johannesburg south and is close to all necessary amenities such as Garages, malls, schools, police stations, colleges, clinics and hospital, place of worship and many more.
Property Reference #: CL39
Agent Details:
Lungile Sibeko
BASSONIA LIFESTYLE PROPERTIES
No 3 Woodhill Office Park
53 Phillip Engelbrecht Street
Meyersdal
Alberton
1449
Business comprises:
*Motor spares, Accessories, Body Panels and Electronic sales
*Tyre Fitment, Alignment Centre
*Vehicle Repairs Workshop
*A Hardware Department area
*Gas refill station
*This property will be sold as a going concern including assets, stock and vehicles.
* R8million worth of stock on hand
The property comprises the following:
*Double Storey retail component
*3 bed house at the back
*Carports for big trucks
*More than enough space for parking
Retail component:
Ground floor:
*Motor Spares, Alignment and Fitment Centre, Hardware Retail store and 2 bathrooms
*Workshop and office
*Mezzanine level
First floor:
* 1 × Boardroom
* 8 × Offices
* 2 × Bathrooms
It is presently generating a great income of between R1.2 million - R1.5 million monthly. Highly secured and well protected.
Zoning: Commercial / Business
This stunning commercial property is situated in the heart of Regents park, Johannesburg south and is close to all necessary amenities such as Garages, malls, schools, police stations, colleges, clinics and hospital, place of worship and many more.
Property Reference #: CL39
Agent Details:
Lungile Sibeko
BASSONIA LIFESTYLE PROPERTIES
No 3 Woodhill Office Park
53 Phillip Engelbrecht Street
Meyersdal
Alberton
1449
Id Subtitle 1283021205
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Estimated monthly repaymentR 216,742
Total property loan amountR 20,000,000
Total interestR 32,017,940
Total repaymentR 52,017,940
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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BASSONIA LIFESTYLE PROPERTIES
Selling for 12+ months
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