495 m² Commercial space in Port Alfred

R 500 000

Andre Crouse

Just Property-Port Elizabeth Commercial

495 m² Commercial space in Port Alfred

R 500 000

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Floor Area 495 m²

This 2nd Hand Furniture Shop situated in Port Alfred, Eastern Cape, is available for purchasing at R650 000 plus stock (stock varies usually around R150 000) The premises comprise of a main showroom measuring 240m, a display warehouse of 95m, a workshop of 40m and storage garages of 120m. Highly visible, just off the Main street in Port Alfred, surrounded by the municipal offices, PEP stores and various others, as well as doctors and lawyers. This generates foot traffic so the exposure is excellent. The shop was established in 2011, and trades in new as well as good quality used furniture, appliances and general household items. Both the supply of and demand for stock is good, as the area is one where people retire, relocate to, downsize, furnish holiday accommodation and so on. Items are purchased from adverts, and seller offerings throughout the Eastern Cape, up to Port Elizabeth and East London. New stock includes beds from an East London factory, for which the demand is strong and steady. New stock is also augmented by scratch & dent appliance and furniture stock from branded suppliers.The shop has a glass-fronted showroom plus a warehouse-type show area. Refurbishing and preparation for sale is done in outbuildings in the yard.The buildings are leased until April 2020, with an option to renew. There is also an untapped market for refurbishment services, refrigeration and general electrical/electronic service and supply which an innovative buyer may pursue.Port Alfred is a lifestyle destination for tourists and retirees alike. It is also an administrative centre for the hinterland with its large population of farmers, farm workers, township residents, the fishing community and more. Their needs for goods and services present a largely untapped opportunity for trade, and an imaginative hands-on owner can make this business flourish. This is an opportunity to simplify your lifestyle in a holiday atmosphere and conduct a lucrative business while doing so.Please call André Crouse on [removed] for more information and to arrange a viewing.

Property Details:

Main showroom: 240m2

Display Warehouse:95m2

Workshop:40m2

Storage Garages:120m2

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495 m² Commercial space in Port Alfred

R 500 000

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