Commercial - Retail on Auction in Bloemhof

Description

Cafeteria Lease Up For Auction PROPERTY DETAILS Portion of Erf 41017 (formerly known as Remainder Erf 30907 Bellville) ADDRESS 56 Bloemhof Street, Bloemhof, Bellville ZONING Mixed Use 1 (MU 1) SIZE ±36m² Commission Percentage Rate (%) (excl VAT) of the Monthly Rental (excl VAT) in Rand Value as recorded by auctioneers Immovable Property Leases (Commercial, Industrial, Mixed-Use Development, General Residential Immovable Property and Concessionary Rights) 1 R 1 000 001 and above - 2% of the first two years accumulated rental for the duration of the lease agreement 2 R 500 001 – R 1 000 000 - 2.5% of the first two years accumulated rental for the duration of the lease agreement 3 R 100 001 – R 500 000 - 2.5% of the first two years accumulated rental for the duration of the lease agreement 4 R 50 001 – R 100 000 - 3% of the first two years accumulated rental for the duration of the lease agreement 5 R 10 000 – R 50 000 - 3% of the first two years accumulated rental for the duration of the lease agreement 6 R 10 000 and below - 4% of the first two years accumulated rental for the duration of the lease agreement