Commercial - Retail for Sale in Groendal

Description

Accepting Offers. DESCRIPTION: This prime AAA net lease shopping centre is situated in sought after and ever so popular Franschhoek and close to Rickety Bridge . The commercial element has two anchor tenants namely Pick n Pay Quali, Pick n Pay Liquor and four other shops. The residential element has a three bedroom house and four bachelor apartments. Property information: • Rental – ±R194 000 excl vat p/m • AAA leases (tenants pay all expenses) • 100% let • All long term leases in place • Owner only pays insurance – ±R4800.00 p/m • Escalation – CPI for Pick n Pay Quali • Escalation 10% for all other tenants • Vat entity – can zero rate the transaction • Rent roll available for serious buyers • Zoning – usage – business Commercial: • Pick n Pay Quali • Pick n Pay Liquor • Furniture store • Champion fried chicken • Funeral policy company • Cell phone shop Residential: • 3 bedroom house – 138m² • 4 bachelor apartments DETAILS: • Erf size: 2057m² DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.