Local business for sale in Augrabies, Kakamas.

R 2,130,000

Can I afford this?
1 year ago1434 views
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General Details
Description
Augrabies is a small settlement close to Kakamas. This area is well known for its agricultural activities with vineyards of grapes visible everywhere. Although this area is small it makes up for ample business opportunities.

This property offers exactly such a business opportunity for the potential buyer. This business is a licensed liquor store with a tavern. The building is relatively newly built (2020) and hosts the liquor store together with the tavern. The property has business zoning with licensing in place on both the liquor store and tavern. The building is on the front end of the plot with the back part vacant. The liquor store building with parking is security fenced with most of the back part of the property still vacant and undeveloped.

The building is about a 305sqm brick-walled building with zink roofing. One side of the building is the entry and unloading area for the liquor store. The left-hand side is the entrance to the tavern. Power is supplied by ESKOM at +- R 2000/month. The building has outside spotlights in place for security reasons. The liquor store consists of a big sales counter behind the secured mesh on the counter. All gates are security gates. The liquor store has contracts in place with the most famous alcohol wholesalers to deliver stock. These brand names also provide the most refrigerators used in the business. The sales shelves are used to showcase the different products which are then sold to clients. In the backside (behind the shelves) of the building is a big storing area where all products are stored and distributed to both the liquor selling point and tavern area. This area also has a small area used as an office and a single sleeping quarter if required. The building has a toilet (x2) and a washing area as well. In the storage area is a 5m X 3m cooling room. The tavern area has a counter with mesh and an open sitting area with tables and chairs where customers can enjoy their evening. The tavern has 2 outside customer toilets.

The property can be bought with all equipment (stock excluded). Financial statements will be provided to serious buyers.

Property Reference #: CL347

Agent Details:
Kassel van den Berg
Agrisell PTY Ltd
9A Kerk Street
Piketberg
7320

Id Subtitle 1119592714
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Estimated monthly repaymentR 23,083
Total property loan amountR 2,130,000
Total interestR 3,409,911
Total repaymentR 5,539,911
Interest rate at 11.75% for 20 years *
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Agrisell PTY Ltd
Selling for 6+ years
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