Commercial Property

Western Cape
Price : R 4,500,000
Listing Type : Commercial Property
Location : Western Cape
Ref No. : 2708
Year Established : 2017
Turnover : R 32 500 pm
Expenses : R 6 000 pm
Net Profit : R 26 500 pm
Property Value : R 4 500 000
Erf Size : 991 m2

This attractive and fully tenanted property is situated in the prime CBD of Stanford, opposite the Tourism offices, pubs, shops, Spar and Tops. It attracts the most feet of tourists and visitors to our Heritage Village, which is a major attraction in the Overberg because of the mountains, lagoon and Klein River. Nearby is whale-watching, shark cage diving, fijnbos and wine estates.

The buildings, which are situated on 991sq m, and have approx.. 300 sq m under roof, currently consist of 3 shops, 2 offices, 1 beauty therapist and 2 self-contained flats, (with 3 bathroom/toilets) and this brings in a good rental. There is parking for 10 vehicles on site.

The business has an average monthly turnover of R32 500 and an average monthly net profit of R26 500. The total asking price for the business is R4 500 000.

Due Diligence