Property for auction
Eastern Cape
Port Elizabeth
Sidwell
Commercial Property for auction

Commercial Property for auction in Sidwell, Port Elizabeth

R1,150,000

1
Web Ref: 1159592

Enquire Send via email Download PDF COVID Safety Online Bidding

ERF Size 496 m²

Rates R1,100 per month

Building Size 225m²

1 Bathroom

1 Reception Room

8 Parking Spaces

COMMERCIAL OFFICE SPACE WITH WORKSHOP AND STORAGE SPACE

Going on Auction: Wednesday 29 June 2022
Reserve Price: R1 150 000.00. (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer).

This property is well situated with quick access to the N2. There is a reception area with four well sized offices leading to the back where you will find a large workshop and storage space of 141 square meters. The workshop does have vehicle access. Seller is registered for VAT. Vacant on transfer.

Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.