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Sale of a Freehold Service Station, country town in Zululand. Selling Price- R 36.0m Ref J.L.R 125
R 36,000,000
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2 years ago655 views
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General Details
Location:
For Sale By:Agency
Available From:27/04/2024
Size (sqm):4047
Parking:Garage
Description
This modern long established Manager-run, and well-established Freehold Service Station is situated in a busy town within a radius of 50 km from Empangeni. The present average monthly Fuel Sales are +- 320.000 liters per month and the average Franchised Shop Sales are +- R 670.000 per month. The present average Nett Profit is +- R 460.000 per month. The Selling Price is 36.0 million. The TOTAL Funding Requirement needed to acquire this Freehold Service Station is +- R 37 670 000.00 of which you must have at least R 19 000 000.00 CASH READILY AVAILABLE and be able to RAISE FINANCE for the balance of +- R 18 670 000.00. PLEASE NOTE THE FOLLOWING :- No details, Information, Documentation or Site Location will be provided to you unless you MEET THE ABOVE FINANCIAL CRITERIA as may be required by the Seller, the Oil Company as well as most Financial Institutions.
Id Subtitle 1085022365
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Estimated monthly repaymentR 390,135
Total property loan amountR 36,000,000
Total interestR 57,632,291
Total repaymentR 93,632,291
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John Randall
Selling for 15+ years
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