120 m² Industrial space in Retreat Industrial

Very well electrical repairs and spares shop that has been owned by the same owner from the late 1970's. (Owner now wishes to retire).

This business is well stocked with spares and is very busy. well known and well loved in the area around Muizenberg, Retreat and even further.

The sale consists of an industrial building with mezzanine and small kitchen and toilet facilities.

Well protected in a gated complex with low levies.

The building is 120 square meters and is packed to the brim with repairs and spares. Enough spares to allow any new owner to get going for a very long time.

Staff is well trained and has been with the business for a long time.

The building will not be sold without the sale of the business but the business can be sold without the property. That means a purchaser will pay rent to the current owner of the business.

Take over arrangements and stock take-over will be part of the negotiations and a proper hand over and basic training in the point of sales and accounting will be provided by the seller.

The building is for sale at R1 700 000,00 (excluding legal fees and other fees) The seller will provide a Certificate of Compliance as may be needed for the property transfer.

The business is for sale at R1 700 000,00 if sold off as a separate entity but if it is a combined sale - property AND business the price is R3 300 000 slightly negotiable.

No information will be shared without a potential purchaser signing a Non Disclosure Agreement and without providing a valid I.D. under the POPI Act, 2019. Once a NDA has been signed, all further information will be shared and negotiations can take place for the sale.

NO agents please.