Ref. No - BFS937118
South Africa, MpumalangaRef. No - BFS937118
Sector - Property
Summary
Solid investment opportunity with minimum risk and operational costs The property hosts a truck sales and service center on the Highveld of Mpumalanga The tenant is a listing company that has been on the premises for the past 20 years Recently the property and facilities were revamped by the owner to the value of R 12M - this was to comply with international standards set by the tenant
Give me more informationHow long has the business been established?
How does the business operate on a daily basis?
How involved is the Owner in running the business?
The long-term tenant is taking responsibility for all maintenance and utilities
When does the current lease end?
What are the main assets of the business?
Strengths?
Easy to manage
Tenant is responsible for up-keeping and overheads
Costly revamp of R 12 M was done in 2022
Good stability within the transport industry within that area ( mining / coal / logistics )
It will be very costly for the tenant to relocate this facility
What is the reason for the sale?
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