5000m2 COMMERCIAL OPPORTUNITY WITH HIGH EXPOSURE AND VISIBILITY - PRETORIA

This 5000m2 multi-use commercial property has high exposure and excellent visibility, perfectly located in on a very busy road in Hercules, Pretoria. An ideal investment with various lease agreements in place and an established Restaurant and Pub (that has been in business for 17 years).
 
The property has 3 mini factory buildings, and undercover car display area facing Van Der Hoff Road and 3 large undercover open workshop areas.
 
The fully licensed restaurant has been in operation for 17 years and will be sold as a going concern with its furniture and equipment.
There are 7 current lease agreements in place, with a gross income of R70 500 per month. These leases can be extended or terminated according to the new owners’ requirements.
 
This Property Offers:
1. Car Stand ± 240 m² -- R 4 000 p/m plus fixed fee per vehicle sold
2. Living Quarters and Engineering Shop ± 225 m² -- R 5 000
3. Restaurant ± 225 m² -- R 10 000
4. Workshop ± 220 m² -- R 15 000
5. Mini Factory ± 450 m² with 900 m² Parking -- R 25 000
6. Car port 152 m² with 160 m² paved area -- R 3 500
7. Car Port 152 m² with 160 m² yard -- R 8 000 (vacated May 2019)

Additional Info

  • Address: 1297 Van Der Hoff Road, Hercules, Pretoria
  • Auction Address: This auction will take place on site.
  • Auction Date: Thursday, 1 August 2019
  • Time Auction Starts: 11h00
  • Contact Person: Pieter Nel
  • Phone: 084 8800 165

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