600 m² Commercial space in George South

R 4 200 000

Greg Kerr

Chas Everitt-George

600 m² Commercial space in George South

R 4 200 000

Can I afford this?
2 Baths
Floor Area 600 m²
Land Area 998 m²
Rates R 3200

EXCLUSIVE SOLE MANDATE

Bridge House Lifestyle

AN ECLLECTIC COMMERCIAL DESTINATION WITH HUGE POTENTIAL

This magnificent old lady of the street has been lovingly and beautifully restored to her former glory, and has thus been added to the limited list of wonderfully restored period houses in George, and she commands respect of grandeur in this neighborhood

This grand commercial property is positioned on a very busy access road, a main arterial route to the Airport from the George Commercial area. Positioned at the Bridge which has become a landmark, separating the residential area from a recently upgraded commercial node.

Under her roof she supports multiple businesses, allowing the owner to generate multiple income streams. The major area of the building houses the vibrant garden centre, a pretty coffee shop, and an outlet for the antiques and collectables that are beautifully merchandised.This portion can easly be converted into an office area as 6 rooms are available to be used. The remaining portion of about 300m2, houses Bridge House Auctions, where auctions are held twice a month.

One of the major upsides of this property is the availability of parking, both during the week and on the weekend during auction times. Not enough emphasis can be placed on the fact that this property is on a very busy arterial route and would suit any business that requires a position of high visibility

The intention of the owner is to firstly attempt to sell the property, but as this eclectic business collection and income streams are bespoke to this building, one would love to be able to give the buyer, should they wish to continue with the businesses, the opportunity to purchase the stock at a special price.

The same quality attention that was given to the restoration of this property, was given to the establishment of the businesses in the building, and subsequently has attracted an enormous quality and very discerning clientele, that dont only descend on the property to purchase antiques, but also stop in to enjoy a meal and purchase from the nursery.

As this is very sensitive, and the fact that the businesses are still operating out of this building, a request has been made by the owners not to visit the site without prior permission of the agent mandated to work on this project.

The property is situated on a 998m2 Erf and the improvements on the property amount to about 600m2. The main restored building is about 280m2 and the auction portion of the property is about 320m2

THE BRIDGE HOUSE AUCTION BUSINESS HAS SECURED A 3 YEAR LEASE AGREEMENT AND WILL REMAIN TENANTS IN THE BUILDING.

Please contact the agent acting on behalf of the seller as visits will only be conducted by appointment only

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Key Property Features

2
Bathrooms

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Greg Kerr

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600 m² Commercial space in George South

R 4 200 000

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