Auction Date: 19/07/2018     Start: 12:00     Commercial

This auction is closed

Live Auction of Commercial & Industrial Building in Eastern Cape, King Williams Town

Live Auction of Commercial & Industrial Building in Eastern Cape, King Williams Town Live Auction of Commercial & Industrial Building in Eastern Cape, King Williams Town Live Auction of Commercial & Industrial Building in Eastern Cape, King Williams Town Live Auction of Commercial & Industrial Building in Eastern Cape, King Williams Town Live Auction of Commercial & Industrial Building in Eastern Cape, King Williams Town Live Auction of Commercial & Industrial Building in Eastern Cape, King Williams Town Live Auction of Commercial & Industrial Building in Eastern Cape, King Williams Town Live Auction of Commercial & Industrial Building in Eastern Cape, King Williams Town

Live Auction of Commercial & Industrial Building in Eastern Cape, King Williams Town

Insolvency Live Auction, Starts: 19 Jul 2018 12:00 PM ZA

Duly instructed by the trustees in the Insolvent Estate M.G.H Dada Mia. Masters Ref No: E000003/2018

General description:
Commercial building currently being tenanted to operate as a convenient store and a gym with rental potential and boasting an extent of ±809m²

The gym building offers:
Open plan gym area
Men’s bathroom – 2 showers & 1 toilet
Women’s bathroom – 2 showers & 1 toilet
Available parking in front of the premises

The Convenience Store Building offers:
1 en-suite bedroom
1 toilet
Kitchen used as storage room
Lounge used as storage room
Available parking in front of the premises

Locality:
Situated along Wodehouse Street off the N2 National Road within King Williams Town.

Executive summary:
Erf 2078 King Williams Town, Eastern Cape
1 Wodehouse Street, King Williams Town Central
Extent: ±809m²

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Auction notes:
Please note that in order to register to this auction we require; proof of payment and FICA documentation

Notice to purchasers:
Buyers premium: 5%  Deposit of 10% and buyer’s premium of 5% plus VAT immediately after the sale, balance of the purchase price on registration of transfer
VAT/Tax: 15%
Additional notes: This auction is governed by the Consumer Protection Act – Act 68 of 2008

Auctioneer Details

GoIndustry DoveBid Logo
GoIndustry DoveBid
1 Wodehouse Street, King Williams Town Central
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