Commercial Property for auction in Richmond Estate, Goodwood

COMMERCIAL SHOWROOM PROPERTY IN GOODWOOD CENTRAL

Going on Auction: Wednesday 29 January 2025
Reserve Price: R8 000 000.00 (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)

A beautiful showroom property is available for sale in the heart of Goodwood. These premises are perfectly suited for showroom operations, boasting high ceilings, partitioned offices, a spacious yard area, and ample exposure to Voortrekker Main Road - an ideal location for massive signage. Ideally suited to the motor industry. The property features ramps to conveniently drive vehicles directly onto the showroom floor. To accommodate operations, the premises are equipped with a 3-phase power supply. Strategically located on the bustling Voortrekker Main Road, this property resides in the heart of Goodwood's automotive hub, presenting an excellent opportunity for businesses in the industry. Don't miss this chance to acquire a prime showroom space in a highly sought-after location. Current rental income is R70 000.00 per month, this lease is currently with a motor dealership and is in place until December 2024.

UNIT DESCRIPTION:
• 2139m2 prime showroom space.
• High ceilings.
• Partitioned offices.
• Kitchenette and bathrooms.
• Ramps to showrooms.
• Mechanical workshop.
• 3-Phase electricity.

OUTSIDE:
• Direct access from Voortrekker Road.
• Spacious courtyard.
• Ramps directly from street level allowing seamless drive-in.
• Automotive workshop with direct access to showrooms.
• Prime location with high visibility.

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.