Summary
A massive opportunity exists for an investment into an industrial property located o the East Rand operating with a blue chip tenant with currently lease ending 28th October 2028 with first right of refusal for a further 6 years. Land size measuring out at 5912 sq.m with operating space under roof inclusive of offices equating to approximately 3819 sq.m.
Give me more informationHow does the business operate on a daily basis?
What Advertising/Marketing is carried out?
How could the profitability of the business be improved?
The setup does allow for the site to be split up into almost 7 smaller factory types
Give a breakdown of staff/ functions/ length of service?
How involved is the Owner in running the business?
When does the current lease end?
What are the trading hours?
What are the main assets of the business?
Please list the salient points of the property and why it is so attactive?
1. 2 x ERF (2,143sq.m + 3,769sq,m = 5912sq.m)
2. x separate office / admin buildings both with own entrance (146sq.m +141sq.m)
3. 2 x transformers (1 on each erven) , 1000kva and 500kva
4. Borehole & JOJO Tanks
5. Weigh Bridge
6. Building 1= 4.5m to eves , Building 2 = 6m height to eves
7. Secure Parking
8. Dual access, one from busy arterial and one from secondary road
9. Strategic location, erven not on load shedding grid
10. Electrical installation recently upgraded at a cost of 1.5 Million Rand
11. Demand Meter - Tariff E
12. Zoning - Industrial 1
13. Permitted Coverage 60%
14. Height Restriction - 2 Storeys
15. Mortar strength - 7Mpa
16. Concrete Foundation Strength - 20Mpa
17. Floor Strength - 25Mpa
18. Roofing - Polycarb & IBR
Strengths?
Falls outside of loadshedding
Busy road
Highly rates tenant
Weaknesses?
Opportunities?
Threats?
What is the reason for the sale?
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