Mixed Use for sale in Wellington North

R7,500,000
  1. 1,311m²
  2. 3
  3. Web Ref: 1179003
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Property Features

ERF Size 1,311 m²
Rates R4,255 per month
Building Size 668m²

Interior Features

3 Bathrooms
1 Store Room

Exterior Features

15 Carports

Offices / Commercial Property with excellent location.

Very neat office building with a professional feel to it, situated in the heart of Wellington's commercial hub. It's location is just off Church Street which means you will be surrounded by other offices, businesses, medical practices and financial institutions.
The property offers the following:
* 16 Separate offices/work areas
* 5 Open plan work areas
* Reception
* 2 x Boardrooms
* Walk-in safe
* File room
* Ample storage areas rooms
* Parking = 15 parking bays with shaded nets
* The current tenants/occupants are renting an additional 25 parking bays - a new agreement would have to be entered into by the new owner/occupant and neighbour.
* Total number of employees currently working in building = 60 persons
Additional note on sale and leaseback:
The Seller will be prepared to lease the property back from the Purchaser (new owner) for a period of 24 months after date of registration of transfer and will pay R100 000 + VAT p/m in respect of rent. This lease agreement would have an effect on the VAT and a zero-rated transaction could be concluded. This would enable the Purchaser to recoup approx. 30% of the purchase price plus grant them ample time to source new tenants (should they wish not to occupy the property themselves].
The marketed price excludes VAT.
Contact your Rawson Commercial Partners to arrange an on-site viewing.

Contact the broker

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Izaan Kotze
Non-Principal Property Practitioner
Registered with the PPRA
Ryno Cilliers
Principal Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

200 Main Road, Paarl Central

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