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Asking Price$150,000
RevenueUndisclosed EstablishedUndisclosed
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Cluster of Workshops for sale - 10,69% Yield
George Industrial area

Centrally located in George industrial area. Cluster of workshops for sale

Construction, accommodation and condition. Building has a total footprint of 821m² and is constructed in an L shape on the property. It consists of 8 units. The two roads frontage units are 149m² and 85m². Behind this are four mini factories, three of 78m² and one of 68m². All these units have pedestrian and commercial doors leading onto the paved parking area. The units across the rear boundary is 221m² and has pedestrian end vehicular access. Adjacent to this is storage unit of 67m². The driveway, parking and road frontage is all paved, There is a palisade fence with motorised security gates across the front of the property. The bulk of the building is single storey with a small double volume section of approximately 80m² in the northern corner of the ERF. It is constructed of plastered brick to underside of IBR roof sheets.

Rentals & expenses increased @ 8%.
Expenditure: R40 848
Annual nett income: R160 344

Yield: 10,69%
Info as per owner
Ad #118923
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Contact This Seller
Marcel Deacon
Susan Deacon Property Group
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