Commercial Property for sale in Paarl Central

R4,850,000
  1. 394m²
  2. Web Ref: 1124982
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Property Features

ERF Size 394 m²
Rates R7,000 per month
Building Size 579m²

Interior Features

House Levels
Aircon

Combined Retail and Office space for sale in Paarl CBD

This 579sqm building with its prime & central location on the busy Lady Grey street in the CBD of Paarl comes with a variety of uses. With great main road exposure set between various shops, banks, fast-food outlets, and restaurants it demands a lot of walk-in clients as well as passing vehicles.
Currently with a tenanted retail unit on the ground floor and offices on the first floor with an approximate monthly rental income of R42 000.

It offers:
2 separate entrances (making it easy to be rented out separately), 2 x offices and 1 x large open plan office with airconditioning (first floor), a shop with extra loft (ground floor), 2 x kitchens, 2 x bathrooms, 2 x storerooms, a walk-in safe & the option to extend by adding an elevator (the shaft already in place) and additional storeys.

The company currently owning this property (Pty Ltd) can also be bought as a running concern which means that a transfer of sale will not transpire but rather the purchase of 100% shares in the existing company.

Price excludes VAT.

Contact me today to view this investment opportunity!

Contact the broker

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Izaan Kotze
Candidate Property Practitioner
Registered with the PPRA
200 Main Road, Paarl Central

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