Sector - Property
Don't miss the opportunity to own 6 properties in an Industrial area. It is an easy manageable business .Properties is registered in close corporation as property letting company with 25 609 m2 of gross lettable area or 47 units on the properties which are rented out to various factory owners. Total site area is 35 127 m2. The company has its own maintenance staff to look after repairs.Give me more information
How does the business operate on a daily basis?
Administrator / accounts person who looks after all the paperwork.
There is 6 maintenance staff for al repairs and maintenance work.
Give a breakdown of staff/ functions/ length of service?
1 x admin
6 x maintenance
Do any have management potential?
How involved is the Owner in running the business?
Involved on a daily basis
What are the main assets of the business?
6 x Industrial Properties
Currently fully let with a good customer base
Its located in a fully established industrial node which has easy access to main roads and highways
Maintenance and repair on older buildings
Improvements on the properties will lead to increased rentals and property values
Slow economy in South Africa
What is the reason for the sale?
Access to the number one business broking tool to get your business sold.
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