Commercial - Retail on Auction in Bergsig

Description

ONLINE AUCTION Bidding Start Time: Wednesday 29 April 2026 @ 09:00 Bidding End Time: Thursday 30 April 2026 @ 14:30 Registration is essential by Monday 27 April 2026. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. DESCRIPTION: This prime property is situated in the heart of sought after and popular Montagu which is home to the 2026 Cape Epic. Montagu, South Africa, is known for its natural hot mineral springs, scenic mountain setting on Route 62, historic Cape Dutch architecture, and as a hub for outdoor activities like rock climbing, hiking, mountain biking, and adventure sports, alongside its wine, dried fruit, and local herbs. The town offers a blend of relaxation, wellness, and adventure, drawing visitors for its beautiful landscapes, historical charm, and proximity to wine regions. RETAIL PORTION – VACANT: • Furnished restaurant with liquor licence • Male/female toilets • Fully equipped commercial kitchen and walk in fridge • Victorian style bar • Retail shop • Veranda off the retail section • Back outdoor area • Potential rental of ±R27 000 pm LONG TERM APARTMENTS: • 3 X Spacious 1 bedroom apartments • Sizes 65m² – 70m² • One unit has a private rooftop balcony • Spacious modern kitchens • Large open plan lounge/dining room • Spacious bedrooms • Full bathroom • Balconies with spectacular views of the mountain range • Tenants get billed for electricity • Each tenant pays ±R100.00 pm for inverter • Total rental income – ±R23 800,00 ex vat pm SHORT TERM APARTMENTS: • 3 x Spacious 1-bedroom units • 2 Units have full kitchens • Other unit – fridge/microwave/kettle • Income – averages out at ±R40 000.00 incl vat pm • Only advertised on one major holiday website. • Scope to advertise on other portals and increase income BLOCK: • Sparkling pool • Office • Laundry room • Storage • 8 KVA Invertor • 1 x Back up battery • 7 Secure parking bays rented from tenant – ±R4400.00pm • Vat Entity DETAILS: • Erf no: 359, Montagu • Erf size: 643m² 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.