Bloemhof – North West Vacant Retail Building

Corner (Prince Street) and Tullekin Street

Thursday, 13 November 2014 @ 12h00 The Maslow, Corner Grayston Drive & Rivonia Road – Sandton

William Amerseder | 083 272 4556 | [email protected]

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: Darren Winterstein

Vacant Retail Building – North West Province

Index

Disclaimer

Images

Property Information

Locality

Property Description

Tenancy

Zoning

Rates Account

Surveyor Diagram

Title Deed Extract

Auction Information

Deposit 5% of bid price

Commission 10% plus 14% VAT thereon of the bid price

Confirmation period 2 Days

Rules of auction and conditions of sale are available on www.aucorproperty.co.za/

Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither AUCOR (Pty) Ltd 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 other wise of AUCOR (Pty) Ltd or the Sellers or any other person.

Vacant Retail Building Bloemhof – North West Province

Images

Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither AUCOR (Pty) Ltd 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 other wise of AUCOR (Pty) Ltd or the Sellers or any other person.

Vacant Retail Building Bloemhof – North West Province

Images

Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither AUCOR (Pty) Ltd 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 other wise of AUCOR (Pty) Ltd or the Sellers or any other person.

Vacant Retail Building Bloemhof – North West Province

Property Information

General Property Address Corner N12 (Prince Street) and Tullekin Street Bloemhof – North West Province

Title Deed Information Title Deed Number T36791/2013 Registered Owner Water Comfort Wholesale Pty Ltd Title Deed Description Portion 152 of the farm Klipfontein, Farm Number 344, Registration Division HO Registered Land Size 5,544m² Title Deed Conditions See copy of Title Deed attached to this brochure There is a public right of way (1,144m²) servitude over the western side of the property – see aerial and Surveyor General Diagram attached to this brochur

Municipal Information Municipality Lekwa-Teemane Local Municipality Zoning We have requested zoning information from the municipality. We will make zoning information available upon receipt.

Rates – (based on September 2014 Rates account – excluding VAT - attached to this brochure) Assessment Rates - R 1,999.56 (VAT not applicable) Refuse & Bin - R 92.80 excl VAT Basic Sewerage - R 125.54 excl VAT Basic water charge domestic - R 30.56 excl VAT Basic Electricity Industrial - R 622.86 excl VAT Basic Electricity Network Access Charge - R 354.39 excl VAT Total - R 3,225.71 (excluding VAT when applicable)

Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither AUCOR (Pty) Ltd 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 other wise of AUCOR (Pty) Ltd or the Sellers or any other person.

Vacant Retail Building Bloemhof – North West Province

Locality

The subject property is located on the eastern edge of Bloemhof’s main street (Princes Street / N12). The subject property is located next to the Lekw-Teemane Local Municipality complex which includes municipal offices, town hall and the municipal library. The subject property is considered to have good exposure onto Princes Street. Bloemhof is an angricultural town located on the banks of the in the North West Province ( is the Freestate border). Bloemhof is located on the N12 between Klerksdorp (±150km) and Kimberley (±165km) and ±134km from via the R34.

GPS co-ordinates for the site are as follows: S 27°39'05.24"; E 25°36'28.80"

Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither AUCOR (Pty) Ltd 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 other wise of AUCOR (Pty) Ltd or the Sellers or any other person.

Vacant Retail Building Bloemhof – North West Province

Property Description

Primary Use Retail Building

Construction Type Metal frames with brick infill under metal roofing

Walls External – face brick Internal – mostly painted plaster with foodstuff preparation areas partly tiled

Ceilings Shop areas – suspended boards and gypsum; Rear stores and work areas have exposed ceilings with insulation

Flooring Mostly ceramic tile with rear store/receiving areas having smooth concrete

Electricity Main board circuit breaker is marked 400A – there is a municipal transformer situated on the northern boundary of the property.

Building Systems Burglar alarm system & fire alarm system – may require servicing

Cooling The building is fitted with 3 evaporative coolers. There are ceiling air conduits and ducts for the main shop area. We are unable to confirm whether this installation is in working order.

Condition The previous tenant has uninstalled much of the shop fittings and shop equipment. Uninstalled items include some food preparation basins and associated ceramics / tiles in places. The property requires general repairs and maintenance. We have not undertaken a structural survey nor have we arranged for tests or inspections of the service installations, however these appear to be sound and in working order.

Accommodation The subject property comprises a rectangular building previously occupied by a supermarket.

Adjacent to the main supermarket entrance is a separate shop (indicated as 156m² on the door).

The supermarket section of the building comprises a main open plan supermarket area with a raised manager’s office (with kitchenette and WC), and a bakery area. The back rooms of this section include a multi-room butchery, receiving area (roller shutter access), male and female ablutions (both with a shower), storeroom and 2 small food preparation areas. The butchery and bakery areas have floor drains installed.

The back of the building hosts a receiving yard (precast cement walled and paved by means of interlock bricks). The receiving yard hosts IBR covered cages (± 35m²) and an IBR covered receiving dock/cage (± 37m²).

There is an interlock brick paved customer parking area provided. There are 35 parking bays and 2 disabled parking bays.

Building Areas Approximate Gross Building Areas (GBA) based on on-site measurements

Building – ±1,224m²

Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither AUCOR (Pty) Ltd 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 other wise of AUCOR (Pty) Ltd or the Sellers or any other person.

Vacant Retail Building Bloemhof – North West Province

Property Description

Approximate Boundaries

Tenancy – The property is vacant

Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither AUCOR (Pty) Ltd 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 other wise of AUCOR (Pty) Ltd or the Sellers or any other person.

Vacant Retail Building Bloemhof – North West Province

Rates Account

Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither AUCOR (Pty) Ltd 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 other wise of AUCOR (Pty) Ltd or the Sellers or any other person.

Vacant Retail Building Bloemhof – North West Province

Surveyor Diagram

Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither AUCOR (Pty) Ltd 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 other wise of AUCOR (Pty) Ltd or the Sellers or any other person.

Vacant Retail Building Bloemhof – North West Province

Title Deed Extract

Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither AUCOR (Pty) Ltd 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 other wise of AUCOR (Pty) Ltd or the Sellers or any other person.

Vacant Retail Building Bloemhof – North West Province

Title Deed Extract

Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither AUCOR (Pty) Ltd 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 other wise of AUCOR (Pty) Ltd or the Sellers or any other person.