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SAIA - South African Institute of Auctioneers

BUSINESS AND PROPERTY ONLINE AUCTION - BEAUFORT WEST, WC RESIDENTIAL PROPERTY AUCTION IN BEAUFORT WEST, WESTERN CAPE AUCTIONED BY SA AUCTION

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BEAUFORT WEST - RESIDENTIAL PROPERTY, COMMERCIAL PROPERTY, HOSPITALITY PROPERTY, INVESTMENT PROPERTY

DESCRIPTION:

ALL BUILDINGS, TOOLS, EQUIPMENT & ACCOMMODATION BUSINESS FURNITURE INCLUDED 

1 ST ERF – 1420 SQM:

  • AAQA ACCREDITTED MECHANICAL & ELECTRICAL WORKSHOP
  • CENTRAL ACCOMMODATION: 5 APARTMENTS- RENTAL INCOME & OVERNIGHT

2nd ERF – 38 SQM:

  • SMALL CAFE/ SHOP - RENTAL INCOME

Area: BEAUFORT WEST

Property Type: COMMERCIAL

Erf Size: 1458SQM

Zoning: COMMERCIAL

Prepaid Electricity: YES

FEATURES:

AA ACCREDITED WORKSHOP, 4 SELF CATERING APARTMENTS & 2 BED ROOM APARTMENT & CAFE

Property Description:

1 ST ERF – 1420 SQM:

AAQA ACCREDITTED MECHANICAL & ELECTRICAL WORKSHOP:

  • ALL TOOLS, EQUIPMENT INCLUDED IN SALE (VALUE R850K+)
  • UNO (OFFICE VEHICLE)
  • STEEL ROLL UP DOORS AND PALISADES AT FRONT ENTRANCE FROM MAIN ROAD
  • STEEL SLIDING DOORS ON THE SIDE THAT SEPARATE ACCOMMODATION & WORKSHOP BUSINESS
  • TURNOVER IN PEAK SEASON ± R450,000 per month (PEAK SEASON NOV- APRIL)
  • TURNOVER IN OFF PEAK SEASON ± R260,000 per month (off PEAK JUN – OCT)
  • PROFIT IN PEAK SEASON ± R280,000 per month after overheads
  • PROFIT IN OFF PEAK SEASON ± R130,000 per month after overheads
  • CCTV CAMERA SYSTEM
  • ACCREDITED WITH AA
  • ACCREDITED WITH INSURANCE COMPANIES
  • ONLY ACCREDITED MECHANICAL & ENGINEERING SERVICE STATION WITH WESTERN CAPE GOVERNMENT DEPARTMENT OF TRANSPORT (ALL LOCAL GOVERNMENT VEHICLES ARE SERVICED HERE)
  • POTENTIAL RENTAL INCOME ± R15,000 – R20,000 PER MONTH
  • BUSINESS BEEN RUNNING FOR OVER 19 YEARS
  • CURRENT OWNER WILLING TO ASSIT NEW BUYER WITH TAKE OVER IN TERMS OF AA ACCREDITATION & GOVERNMENT CONTRACTS TO ENSURE SMOOTH TRANSITION AND HAND OVER.

CENTRAL ACCOMMODATION:

APARTMENT 3:

  • OPEN PLAN (BACHELOR STYLE)
  • SLEEPS 6 (2 DOUBLE BEDS & 2 SINGLE BEDS)
  • KITCHENETTE & LOUNGE
  • BATHROOM (SHOWER, BASIN & TOILET)
  • FULLY EQUIPPED – ALL INCL IN SALE

APARTMENT 4:

  • 1 BEDROOM (DOUBLE BED & 2 SINGLE BEDS) SLEEPS 7
  • OPEN PLAN KITCHENETTE & LOUNGE
  • SLEEPER COACH
  • BATHROOM (BATH, HAND SHOWER, BASIN & TOILET)
  • FULLY EQUIPPED – ALL INCL IN SALE

APARTMENT 5:

  • 1 BEDROOM (DOUBLE BED & 2 SINGLE BEDS) SLEEPS 7
  • OPEN PLAN KITCHENETTE & LOUNGE
  • SLEEPER COACH
  • BATHROOM (SHOWER, BASIN & TOILET)
  • FULLY EQUIPPED – ALL INCL IN SALE

APARTMENT 6:

  • OPEN PLAN (BACHELOR STYLE) DISABLE FRIENDLY
  • SLEEPS 3 (DOUBLE BED & SINGLE BED)
  • KITCHENETTE & LOUNGE
  • BATHROOM (BATH, SHOWER & TOILET) WHEEL CHAIR FRIENDLY

OWNER APARTMENT (FURNITURE NOT INCLUDED):

  • 2 BEDROOMS ( ONE QUEEN ROOM & ONE DOUBLE ROOM)
  • LARGE OPEN PLAN KITCHEN, DINING & LOUNGE AREA
  • LARGE BATHROOM ( BATH, SHOWER, TOILET & BASIN)

GENERAL FEATURES:

  • AIRCONDITIONING IN ALL APARTMENTS
  • OWNER APARTMENT – 3 AIR CONDITION UNITS
  • UNDER COVER PARKING FOR ALL APARTMENTS
  • DOUBLE GARAGE
  • ELECTRIC ENTRANCE GATE FROM MAIN STREET
  • SAFE PARKING
  • SEPARATE LAUNDRY ROOM (INCLUDES 13KG WASHING MACHINE IN SALE)
  • OVERNIGHT ACCOMMODATION REGISTERED WITH BOOKING AGENTS ACROSS SA
  • CONTRACT RENTALS (at the moment ±R20,000 per month for 4 APARTMENTS)
  • WATER, SANITATION & TAXES around ±R4200 per month
  • ENTIRE PROPERTY PREPAID ELECTRICITY AROUND ±R5,000 PER MONTH
  • FREQUENT CONTRACT RENTALS WITH DEPARTMENT OF ROAD WORKS & DEPARTMENT OF HEALTH
  • PEAK SEASONS (NOV – APRIL) LARGE AMOUNT OF OVERNIGHT ACCOMMODATION
  • OPERATIONAL FOR NEARLY 28 YEARS

2nd ERF – 38 SQM:

  • SMALL CAFE/ SHOP
  • ADJUNCENT TO AA WORKSHOP OWN ENTRANCE  
  • RENTAL INCOME OF ±R6,000 per month
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