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Auction Date: 20/03/2018     Start: 10:30     Commercial Property

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Steynsrus - Prime Retail Building on Auction

Steynsrus - Prime Retail Building on Auction

Steynsrus - Prime Retail Building on Auction

PRIME RETAIL BUILDING • NATIONAL ANCHORS • SHOPRITE U-SAVE & FNB • LONG TERM LEASE – 2024
• Anchor tenant – Shoprite U-save
• Lease till 2024 with 4x5 Year Renewals
• Extensive renovations carried out by the tenant
• Renovation rebate period to 2024
• Cost of rebate to be covered by the seller from the proceeds of the sale
• FNB ATM – Lease till 2020
• Cash loans – Lease till 2022

Auctioneer Details

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Reliance Auctions
25 Van Riebeeck Street, Steynsrus
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