Single storey retail building, divided into three lettable areas, more fully described as follows:
Shop 1 comprises of a ''cyber shop'' with front desk and open plan area and is linked to the shop at the rear, which in turn is
provided by a roller shutter door. Shop 2 comprises of a smaller clothing store and is provided with a toilet. Shop 3 comprises
of a waiting area, office and open plan office and is provided with a toilet and small service kitchen. The building has a street
facing canopy. Two carports/sheds are provided at the rear.
The property is located within the small town of Thabazimbi within the CBD area and diagonally opposite the Municipal Offices.
It is located within the main road and exposure and access are both good. The town is fairly quiet and a new mall has been
constructed along the provincial road, forming the anchor of a new decentralised node. The surrounding area comprises of
older type retail properties and offices.
The property is located within a fully established commercial area and is serviced by the Thabazimbi Municipality. The property also conforms to the zoning requirements.
Based on its locality within the established CBD of Thabazimbi as well as the age and condition of the building, coupled to the
average demand for retail space, the property is seen as having average market appeal under current market conditions.
The contractual income (including the escalations) for the income period 01/07/2022 to 30/06/2023 is R28,979.22 Gross per
month.
Contact Simoné Grobler-Botes for more information.
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