Retail space in Newcastle Central

R 4 500 000

Barry Venter

Harcourts-Newcastle

Retail space in Newcastle Central

R 4 500 000

35 loxton steet
Can I afford this?

This six hundred square meter premises in a very active part of Lennoxton is available for sale to the budding entrepreneur or businessman. This building and various businesses are for sale for R4500000,00. Alternatively the building is for sale on it's own for a bargain basement price off R3500000,00 plus VAT. The three businesses are also available as a unit for the amount off R130000,00 plus VAT. The business is in possession off a Pub license gaming license(10 machines), entertainment license and restaurant and takeaway license.

Current lease income totals R23000,00 gross per month with the possibility to increase earnings by opening a further three shops in the complex. The current owners also obtained permission to open a car wash facility on the premises. The owners are VAT registered and up to date financials will be provided to serious prospective buyers. Book your viewing and consultation with me now!!!!

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Barry Venter

Barry

Venter

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Retail space in Newcastle Central

R 4 500 000

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