Hilton Industrial Showroom Bloemfontein Gross Lettable Area ±400m2 (Seller Supplied)
82 Lang Street
Wednesday, 4 December 2019 @ 12h00 Houghton Golf Club – Osborn Road, Houghton, Johannesburg Lael Levy | 073 384 7714 | [email protected]
Version 1: 8 November 2019 LK
Industrial Showroom – Hilton, Bloemfontein
Index
Disclaimer, Auction Information and Terms & Conditions Page 3
Property Images Page 4
Executive Summary & Key Investment Highlights Page 6
General Information Page 7
Locality Information Page 8
Property Description Page 10
Rates Statement Page 12
Surveyor General Diagram Page 13
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Industrial Showroom – Hilton, Bloemfontein
Disclaimer, Auction Information and Terms & Conditions
Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither Aucor Corporate (Pty) Ltd T/A Aucor Property nor the Seller/s guarantee the correctness of the information provided herein and neither will be held liable for any direct or indirect damages or loss, of whatsoever nature, suffered by any person as a result of errors or omissions in the information provided, whether due to negligence or otherwise of Aucor Corporate (Pty) Ltd T/A Aucor Property or the Seller/s or any other person.
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Auction Information Deposit 5% of the bid price Commission 10% plus 15% VAT thereon of the bid price Confirmation period 10 Business Days
Rules of auction and conditions of sale are available at www.aucorproperty.co.za/
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Terms & Conditions R50 000 refundable deposit (strictly bank guaranteed cheque or cash transfer only). Bidders must provide original proof of identity and residence on registration. No cash will be accepted at the auction. No exceptions. All bids are exclusive of VAT. Aucor Property may bid up to reserve on behalf of the sellers. Subject to change without notification. Auctioneer: Pieter Geldenhuys.
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Industrial Showroom – Hilton, Bloemfontein
Property Images Exterior Images
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Industrial Showroom – Hilton, Bloemfontein
Property Images Interior Images
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Industrial Showroom – Hilton, Bloemfontein
Executive Summary & Key Investment Highlights Street Address: 82 Lang Street - Hilton, Bloemfontein GPS Coordinates: -29.1127, 26.2335
Registered Land Sizes: 875m² Zoning: Business 2 (Awaiting Confirmation) R2 476.20/ month (excluding consumption charges and city Assessment Rates: levies)
See page 9 for full accommodation details Improvements on the subject property comprise of a square- Accommodation: shaped building that is purposefully configured for the purpose of an industrial showroom and retail facility with outbuildings.
Approx. Total Gross Lettable Area: ±400m² (Seller Supplied)
The property will be sold with vacant occupation upon Occupation: registration of transfer.
Highly configurable industrial showroom and retail facility close to Bloemfontein Central. Two storage facilities/workshops; spacious yard; split-unit air- Key Investment Highlights: conditioning. The property is advantageously located close to the N8 highway, which allows for easy access to the larger Free State province.
By bidding on this property, the purchaser acknowledges that he has acquainted himself with the extent and the nature of the property he is buying, and that he accepts the property as such.
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Industrial Showroom – Hilton, Bloemfontein
General Information
Street Address 82 Lang Street - Hilton, Bloemfontein GPS Co-Ordinates -29.1127, 26.2335 ______Title Deed Information
Title Deed Number T10322/2016 Registered Owner Cumulative Properties Limited Title Deed Description Remainder of Erf 15980, Bloemfontein Registered Land Size 875m² Title Deed Conditions A copy of the Title Deed is on hand and will be made available to bona fide prospective purchasers upon request. ______Municipality Information
Municipality Mangaung Metropolitan Municipality Rates Excluding consumption charges and city levies – Based on the tax invoice for the September 2019 billing period received from the Municipality (see a copy attached to this brochure for these and other charges).
2019 / 2020 Municipal Rates 2019 / 2020 2019 / 2020 Exclusion Rebate Monthly Rates Valuation Category Tariff Annual Rates (Annual ÷12) Business & R 900 000 N/A N/A 0,0330160 R 29 714,40 R 2 476,20 Commercial
______Zoning Information
Zoning Business 2*
*The Zoning is according to the 2017 Valuation Role for Mangaung Metropolitan Municipality. A copy of the Zoning Certificate has been requested and will be made available upon our receipt thereof.
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Industrial Showroom – Hilton, Bloemfontein
Locality Information Macro Locality The property is located in an industrial node outlying the Bloemfontein CBD, characterised by a number of small to medium enterprises in varying industries. Hilton, as this area is known, is an established, mixed-use suburb featuring a mix of freehold/low-density residential properties and light industrial commercial developments. Access to all major amenities in nearby Bloemfontein Central is considered easy, as well, with the property enjoying easy access onto Raymond Mhlaba Street, which links the locality to nearby Bloemfontein Central. The property is advantageously located close to the N8 highway, which allows for easy access to the larger Free State province. GPS coordinates for the site are as follows: -29.1127, 26.2335
Naval Hill
Noordhoek
Arboretum
Hilton
Bloemfontein Central
N8 Highway
Image Data: Google, AfriGIS (Pty) Ltd, DigitalGlobe N
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Industrial Showroom – Hilton, Bloemfontein
Locality LInformationocality Information Micro Locality
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ImageData: Google, AfriGIS Ltd, (Pty) DigitalGlobe
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Industrial Showroom – Hilton, Bloemfontein
Locality PropertyInformation Description Approximate Boundaries
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(Pty) Ltd, (Pty) DigitalGlobe
ImageData: Google, AfriGIS
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Industrial Showroom – Hilton, Bloemfontein
Property Description Accommodation Improvements on the subject property comprise of a square-shaped building that is purposefully configured for the purpose of an industrial showroom and retail facility with outbuildings.
The building features a customer entrance, an open plan display area, administration offices, a bar & breakout area with ablution facilities & kitchen. Attached to the main building are two rectangular-shaped storage areas/workshops accessible from the yard area.
Outbuildings are presumably configured for the purpose of staff accommodation and additional storage areas. ______Additional Features Additional improvements on the subject property include: • Split-unit air-conditioning ______Construction The building is constructed of painted brick and rendered & painted brick walls topped with a flat roof of IBR sheeting. Steel framed windows and doors are inserted throughout. ______Fixtures and Finishes The building is fitted to tenant specification. Finishes and fixtures comprise a combination of painted & raw concrete floors, painted walls, open roof trusses as well as suspended ceilings with a combination of suspended light and downlight inserts. ______Electricity The property is serviced by a 3-phase, 60A electricity connection. ______Gross Lettable Area ±400m² (seller supplied) ______Perimeter and Yard The perimeter of the property is enclosed by means of precast concrete walling combined with neighboring buildings. The property features a steel sliding gate opening onto the concrete covered yard area. The yard is predominantly used for parking & loading purposes. An additional steel gate provides access to a carport. The building is accessed by means of a double swing-door with a steel roller shutter safety door. All access points are from Lang Street. ______Parking ±6 Covered parking bays with space for additional open parking bays. ______Safety and Security Safety features include various fire extinguishers. Security features include provision for an alarm system, burglar bars and steel gates in several places. ______Occupation The property will be sold with vacant occupation upon registration of transfer. ______Condition The building appears to be in good condition with ongoing repairs and maintenance required. No structural survey of the buildings has been undertaken nor have tests or inspections of service installations been arranged.
By bidding on this property, the purchaser acknowledges that he has acquainted himself with the extent and the nature of the property he is buying and that he accepts the property as such.
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Industrial Showroom – Hilton, Bloemfontein
Rates Statement
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Industrial Showroom – Hilton, Bloemfontein
Surveyor General Diagram S.G. No. 580/1973
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Industrial Showroom – Hilton, Bloemfontein
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