Commercial Property

Price : R 4,000,000
Listing Type : Commercial Property
Location : Johannesburg
Ref No. : 2595
Year Established : 2005
No. of employees : 5
Trading Hours : 8am - 5pm
Turnover : R 502 500
Cost of Sales : R 475 800
Net Profit : R 26 700
Asset Value : R 246 491
Business Value : R 800 000
Property Value : R 4 700 000

This prime commercial property is located on the western side of Johannesburg and is situated on a very busy main road. The property comprises 2 stands measuring some 991 sq. metres and because of its location, the current owners are using it as a business for their used car dealership. The property, however, can be used for many other business functions for example, a take-away with plenty of space for customers to enjoy a sit-down meal under shading, doctor’s offices, etc.

The property is zoned for local business and is totally secured – it has a palisade fence along the front, an alarm system, closed circuit TV and an electric fence on the other perimeters.

Here is the perfect opportunity to own this sought after property and to either continue with the current business which has an average monthly sales of R 502,500.00 and after all expenses makes a net profit of around R 26,700.00 or to use the property and premises to accommodate another business.

Due Diligence
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