Commercial Property for auction in Klein Drakenstein, Paarl

Opening Offers and bids From R6 500 000,00 negotiated

ONCE-IN-A-LIFETIME COMMERCIAL INVESTMENT OPPORTUNITY IN PAARL

Purchasers are responsible for a 10% commission plus VAT payment on the agreed purchase price, payable to Rawson Auctions on the fall of the hammer.

Located on a bustling main road in Paarl, this commercial property presents a rare opportunity for savvy investors to acquire a vacant supermarket property with massive potential. The property features a spacious supermarket area, complete with a bakery, butchery, office space, canteen area, 2 cold storage rooms, toilet facilities, and a walk-in safe. However, please note that the inside of the building has been vandalized and will require total refurbishment. With its prime location, high foot traffic, and visibility, this property is an ideal opportunity for entrepreneurs looking to establish a thriving retail business. The vacant status and need for refurbishment offer a blank canvas for you to customize the space to suit your business needs. Don't miss out on this chance to acquire a premier commercial property in Paarl's thriving retail market at a competitive price. Potential rental income is R100 000.00 per month.

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.