65 m² Commercial space in Sedgefield

R 350 000

Joy van Zyl

RE/MAX-Lakes - Sedgefield

65 m² Commercial space in Sedgefield

R 350 000

Can I afford this?
Floor Area 65 m²
Land Area 90 m²

A well established business in its'' 20th year of trading. Has a good reputation & credibility in town

& surrounds. Services include repairs to small plant & machinery from forest, garden &

construction industries. Sales of forest & garden equipment, spares for auto trade & lawn

equipment.

The current owner has had the business since inception.

The business is run by a salesman/manager & permanent mechanic as the owner is mostly offsite.

Customers are confident of quality, friendly service & support the business well. Local towns folk,

surrounding farms & forestry are catered for. There is little competition, but a good supportive

relationship exists between businesses.

The business is VAT registered, run as a close corporation & full financials kept. A free lance

accountant attends to books & invoicing on a weekly basis.

The shop covers 65 m2, includes a 6m shipping container store & 25 m2 yard. A 5 year lease will be

given on purchase. Annual escalation is 8-10%.

Current rent is R4 000

1 years ago the owner stated a second business which is taking most of his time. He cannot

devote sufficient time to both & has therefore decided to sell the shop.

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Similar Property for Sale in Sedgefield

65 m² Commercial space in Sedgefield

R 350 000

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