ON-SITE AUCTION – 14 NOVEMBER 2023 @ 12PM: PORTIONS 2 AND 3 OF ERF 864, CORNER SHORT AND DIAMOND STREETS, MARBLE HALL INDUSTRIAL PROPERTY AUCTION IN PRETORIA, GAUTENG AUCTIONED BY CAHI AUCTIONEERS (PTY) LTD

PORTION 2:

*** Please note: Portion 2 of Erf 864 will be sold individually AND collectively with Portion 3 of Erf 864.

The property is a corner stand with massive exposure and comprise of Retail and Warehouse buildings with open and covered parking.

RETAIL BUILDING:

The retail building is a double volume clinker brick building, fitted with 2 industrial type shutter doors towards the front and 1 at the back, under a pitched IBR roof and comprise of:

Reception/office with storeroom and bathroom facility.

The workshop comprises of 5 tyre fitment bays with a cash office, barricaded tyre changing bay and enclosed storeroom at the back with a mezzanine level over the offices.

General:

Split unit air conditioning in the offices.

Cyclone ventilation units throughout the workshop floor.

Steel staircase to the mezzanine level.

3 Phase electrical installation throughout the workshop.

WAREHOUSE BUILDING:

The warehouse building is an L-shaped double volume clinker brick building, fitted with steel framed glazing and industrial roller shutter doors under a pitched IBR roof.

The building has been divided into 5 warehouse/workshop facilities with mezzanine level.

There is an office wing comprising of a reception, two individual offices, kitchen and cloakroom with an inter leading door into the adjacent workshop.

General:

3 Phase electrical installation throughout.

CARPORTS:

Various carports under a combination of IBR and shade net roofing.

Approximate extent of improvements:

Tyre retail and fitment centre: 486 sqm

Warehouse/Workshop building: 1 225 sqm

Covered parking: 380 sqm

PORTION 3

*** Please note: Portion 3 of Erf 864 will be sold individually AND collectively with Portion 2 of Erf 864.

The improvements comprise of a large triple volume factory building with adjacent offices.

 FACTORY BUILDING:

Clinker brick building under a steel constructed IBR roof and high Perspex window inlays.

Heavy steel upright support beams with gantry travel rails and fitted hoists in the length of each bay with fitted swing, sliding and roller shutter side entrance doors.

The production floor has been divided into 3 bays with newly finished offices/stores/ablution and cloak rooms.

General:

3 Phase electrical installation.

OFFICE BUILDING:

Single storey face brick office building under a corrugated asbestos roof and comprises of an open plan office, two individual offices, filing room, kitchen and bathroom.

Approximate extent of improvements:

Factory floor: 2 050 sqm

Internal store room and change rooms: 225 sqm

Office building: 144 sqm

Open shed: 105 sqm

Flammable shed: 55 sqm

“This auction is conducted in compliance with Section 45 of the Consumer Protection Act 68 of 2008 and the regulations contained therein applicable to auctions.”

5% Deposit payable on the fall of the hammer

7.5% (Excluding VAT) Buyers Commission payable

7 day confirmation period.