"Selling your business is our business"
"Selling your business is our business"
How long has the business been established?
31 years
How long has the owner had the business?
Since inception
Fully describe this property and its income earning activities.
Warehouse 980m2 plus mezzanine 400m2 @ R60 per m2
Total income revenue : R58 800 per month
This property is currently unoccupied.
What is the approximate age of the buildings?
40 years
What is the zoning of the property and what can be developed thereon?
industrial
Are there building plans available?
no
What is the erf size and the size of the buildings?
1500 squares erf
980 m2 factory ground floor space
400 m2 mezzanine 1st floor space
Is the property being let by a letting agency?
No
How could the profitability of the business be improved?
The numbers represent a forecast with probable profits based on a market related rate, less operational costs
How could the income of the property be increased?
Find suitable tenants for the building
What is the square meters of the business?
980 square meters
What are the main assets of the business?
Building and Land
Are any items not included in the sale?
Steel Shelving
The shelves can be included and a price can be negotiated
What is their overall condition?
Good working order
Strengths?
Good central location in JHB
Weaknesses?
Vacant property
Opportunities?
Find suitable tenant
Threats?
None identified
What is the reason for the sale?
Owner has relocated his business and would prefer to sell the premises.
Why is this property a good investment?
This factory/warehouse is centrally located in JHB making it easy access for business dealings.
Owner has steel shelving in the factory that he is willing to sell if needed by new owner, or can be removed by seller.
Annual Turnover Amount between R 500 thousand and R 6 million
