1m² Service Station For Sale in Phoenix
Freehold Service Station Premises (Land and Buildings, Phoenix / Verulam area R10.3 million)
This site is situated in a residential area on a busy road. Prior to the Pumps and Tanks been removed some time ago, the site pumped 200.000lpm when it was leased out to a Tenant. Since then the Owner has been utilising the Forecourt area for other types of business. However the Owner has now decided to dispose of the entire premises which has 10 x Tenants, all on a month to month tenancy collectively paying rentals of r 58.500 pm. A Major Oil Company is now willing to Brand the Site in their colours and provide their Pumps and Tanks at their cost The
Phoenix is situated northwest of central Durban, KZN. It was established as a township in 1976. It is associated with the Phoenix Settlement, built by Mahatma Gandhi. Today Phoenix is the largest “Indian” town in South Africa. Residential areas surrounding Phoenix are Verulam, Ottawa, Mount Edgecombe, Broadlands, Avoca Hills, Effingham etc. All are close to strategic business, commercial and...
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