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R3,500,000

1m² Retail For Sale in Durban

This modern looking Service Station is situated on a Busy road in the Residential area of Overport / Clare Estate. The site is presently Manager run and pumps +- 105.000 lpm. (Huge Potential to double Sales). The Shop turnover is +- R 375.000 per month. The Selling Price is R 3.5 million which includes Equipment of +- R 2.0million. The Lease period is directly with the Oil Company and is for 5 years, negotiable directly with the Oil Company to renew. The Total Funding Requirement needed to acquire this Business is +- R 4.115 mil of which you MUST HAVE at least +- R 2.2 mil CASH READILY AVAILABLE and be able to RAISE FINANCE for the Balance of +- R 1.915 mil. Please note the following :- NO DETAILS, INFORMATION, SITE LOCATION OR DOCUMENTATION WILL BE PROVIDEDD UNLESS YOU MEET THIS CRITERIA as will be required by the Seller, the Oil Company as well as most Financial Institutions.

Features

0
0
Zoning:
Retail
Exterior
Security
No
Sizes
Floor Size
1m²

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Confidentiality Agreement352.6 KB

Durban, Durban

Beach meets business Durban Central is a diverse, colourful neighbourhood that includes the beachfront areas, the Berea, Morningside, Glenwood, Musgrave and the CBD. The beach is the biggest attraction and locals flock the promenade to cycle, run, surf, swim, fish or just catch some sun. There are also incredibly lush parks and open spaces dotted around the neighbourhod for residents to take advantage of. The...
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The Simple Story of a Pioneer Durban Firm
R. ACUTT & SONS 1851 – 1951, ONE HUNDRED YEARS OF SERVICE, Founder of the Firm of R. ACUTT & SONS, LAND AUCTIONEERS, REAL ESTATE AGENTS, (ESTABLISHED 1851) Born at Babbacombe Bay, Torquay, Devon, England, 9th...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Acutts Estate Agents website is accurate and up to date, Acutts Estate Agents makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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