SOLD! 4 GLASTON STREET, BEREA, EAST LONDON.
SOLD AT AUCTION – 4 GLASTON STREET, BEREA, EAST LONDON.
PROPERTY AUCTION – ON SITE : 4 GLASTON STREET, BEREA, EAST LONDON..
DATE: 14 NOVEMBER 2018
TIME: 18:00 PM
VIEWING: 1 HOUR BEFORE AUCTION.
ID & PROOF OF ADDRESS REQUIRED FOR REGISTRATION.
HIGH PROFILE POSITION, MIXED USE, TENANTED, 3 X OPTIONS!
This is without doubt a supreme high visibility property, which is positioned in a very upbeat node of Berea featuring all the hustle and bustle of upmarket coffee shops, eateries, Spar supermarket, hair salons and other boutique suppliers and service providers.
The front section (1) of the building is occupied for retail purpose at R9680 pm, 10% esc, lease in place until April 2021.
It is well glazed, offers various internal sections and has ample paved customer parking space. The back half of the property is currently occupied as a workshop which is large in dimension, fully lockable and features a high roof commercial type steel structure to accommodate 2 vehicle hoists. Store and reception/admin office further exist.
Section (2) is occupied at R11000.00 pm, 10% esc, lease in place until April 2027.
Section (3) is a spacious residential Granny flat which is requiring redecorating and features 2 large bedrooms, 2 bathrooms, spacious lounge, open plan fitted kitchen, scullery/laundry, single garage, pool and is vacant at present.
Leases, for inspection:
4 GLASTON LEASE 1.pdf
4 GLASTON LEASE 2.pdf
TERMS:
10% DEPOSIT, AUCTIONEERS COMMISSION & ADVERTISING COSTS PAYABLE ON DAY OF SALE.
Full terms & conditions of auction available for inspection.
Contact: Justin Rohtbart for particulars.
114 Moore Street, Quigney, East London.
043 7436355 / 0837892550 / admin@auctionone.co.za / justin@auctionone.co.za
Subject to change without notice
