Bidding opens at R10,000,000

ONLINE AUCTION
Bidding Start Time: Wednesday 25 January 2023 @ 09:00.
Bidding End Time: Thursday 26 January 2023 @ 14:30.
Registration is essential by Monday 23 January 2023.
Pre-Auction Offers may be considered. Auction Finance Available.
For more information, please contact the listing agent.

Description:

This prime 2731m² property was once a Spar, which makes it a prime retail property and the area is built up with blocks of apartments, student blocks, businesses and houses. The usage is retail so it could be rezoned for development.

• Ample parking
• Big open floor for retail
• Offices
• Toilet
• Store room
• Staff room
• Cold room
• Dispatch area
• The shop is still fitted out as a retail Spar without stock
• All contents to be sold separately

Details:
• Erf no: 44709, East London
• Erf size: 2731m²
• Rates: ±R8,573.00 per month
• Zoning: Usage - Retail

Web Ref: 605635

VAT Applicable

Payment Terms:
2.5% Deposit & 10% Auctioneers Fee (excl. VAT on fee), payable on the fall of the hammer by means of EFT only. Balance payable on Transfer.

Josh Raisun | 021 425 8822 | 078 888 9534 | josh@claremart.com