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COMMERCIAL CASH AND CARRY BUSINESS FOR SALE
R 21,000,000
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2 months ago78 views
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Description
We are delighted to present an exciting opportunity to acquire a well-established commercial cash and carry business, complete with a fixer-upper second 3-bedroom house. This unique offering provides both a lucrative business venture and comfortable living arrangements, making it an ideal investment for those seeking a combination of entrepreneurship and residential convenience.
Second Property in process for business rights
Commercial Cash and Carry Business:
Location: George Central
Established: 2004
Size: 980 square meters
Plot: 1071 square meters
Inventory: Groceries
Clientele: Poorman shop, all pay days, hamper market, Spaza shops ect.
Financials: Available on request
Features:
Electrical Security clear fencing, CCTV Cameras, Remote Gates
Residential House:
Size House: 456 square meters
Plot: 1071 square meters
Type: House, Double Garage, Storeroom.
Bedrooms: 3
Bathrooms: Separate bath, washbasin, separate shower, and separate toilet.
Features: Double Garage, big backyard
Condition: House need some TLC or fixer-upper
Additional Information: The property is in the process to rezone from residential to business rights.
Reason for Sale: Scale dawn
Potential for Growth: Potential to expand the business to open liquor store. Liquor licence in process, Potential to open butchery
Inclusions: Point sales tills & Equipment, ATM income, Fridges, Shelves
Asking Price: R21 million, Vat included, both the commercial cash and carry business and the residential house.
Please contact me for further inquiries or to schedule a private viewing.
Property Reference #: RNC677
Agent Details:
Maxwell Meas
RealNet Properties
16 Wellington street
George
Second Property in process for business rights
Commercial Cash and Carry Business:
Location: George Central
Established: 2004
Size: 980 square meters
Plot: 1071 square meters
Inventory: Groceries
Clientele: Poorman shop, all pay days, hamper market, Spaza shops ect.
Financials: Available on request
Features:
Electrical Security clear fencing, CCTV Cameras, Remote Gates
Residential House:
Size House: 456 square meters
Plot: 1071 square meters
Type: House, Double Garage, Storeroom.
Bedrooms: 3
Bathrooms: Separate bath, washbasin, separate shower, and separate toilet.
Features: Double Garage, big backyard
Condition: House need some TLC or fixer-upper
Additional Information: The property is in the process to rezone from residential to business rights.
Reason for Sale: Scale dawn
Potential for Growth: Potential to expand the business to open liquor store. Liquor licence in process, Potential to open butchery
Inclusions: Point sales tills & Equipment, ATM income, Fridges, Shelves
Asking Price: R21 million, Vat included, both the commercial cash and carry business and the residential house.
Please contact me for further inquiries or to schedule a private viewing.
Property Reference #: RNC677
Agent Details:
Maxwell Meas
RealNet Properties
16 Wellington street
George
Id Subtitle 1260653878
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Estimated monthly repaymentR 227,579
Total property loan amountR 21,000,000
Total interestR 33,618,836
Total repaymentR 54,618,836
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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