Commercial - Retail for Sale in Cape Town City Centre

Description

Bidding opens at R7,000,000 ONLINE AUCTION Bidding Start Time: Tuesday 28 May 2024 @ 09:00 Bidding End Time: Thursday 30 May 2024 @ 14:30 Registration is essential by Monday 27 May 2024. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. DESCRIPTION: • 530m² Renovated showroom • Multi use space for owner occupier • Potential to subdivide area into smaller units • Includes managers office with full bathroom • Staff ablution facilities • Full kitchen DETAILS: • Sectional Scheme Name: SS Elkay House • Sectional Scheme Number: 422/1997 • Unit No: 1 • Unit Size: 530m² • EUA No (Extent): P8 (15m²) (Parking bay) • EUA No (Extent): P9 (15m²) (Parking Bay) 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.