Commercial - Retail on Auction in Kathu

Description

ONLINE AUCTION Bidding Start Time: Wednesday 29 October 2025 @ 09:00 Bidding End Time: Thursday 30 October 2025 @ 14:30 Registration is essential by Monday 27 October 2025. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. DESCRIPTION: Perfectly Positioned Huge Property Offering: • Quest service station - Forecourt • Deli shop & butcher • 8 X Tenanted warehouses incl. Takealot • Solar & Borehole water income • Annual rental income from the property is ±R7,662 mil per annum Quest Service Station Sold Separately: • Currently averaging just around 350,000 Litres • Used to do over 500,000 litres 2 years ago and shop, deli, butcher - Over ±R1,8mil monthly turnover • The business includes the Forecourt • Deli shop & Butchery Property & Service station business will be sold separately as they are owned by different companies - Transaction can be Zero Vat rated. Pre -Auction offers excl. Claremart fee will be considered. NDA to be signed before sensitive or financial information is released. DETAILS: • Farm no: 462 (Portion18), Kuruman RD • Farm size: 15136m² PAYMENT TERMS: 2.5% Deposit & 10% Auctioneers fee (excl. VAT on fee); Payable on the fall of the hammer by means of EFT only. Balance payable on transfer. REGISTRATION REQUIREMENTS: To bid at the auction you need to provide a copy of your identity document and current proof of residence (not older than 3 months) as well as a R20,000 refundable registration fee. 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 Auctioneers. Bidders must conduct their own investigations prior to bidding.