412m² Business For Sale in Audas Estate

This commercial property is situated further down the picturesque Bright Street in Somerset West, which has recently become an upmarket location for businesses. On the property, there are two buildings.

The front building is about 296 m2 and is currently vacant. It can be leased out at R40 000.00 (FORTHY THOUSAND RAND) per month, excluding VAT and rates and taxes. Should a purchaser’s offer be accepted, early occupation can be allowed. The front building further includes office spaces, a boardroom, a kitchen, a separate male and female restroom and also a handicapped restroom. There is also a smaller space which can be used as a server room, and there is parking for about seven vehicles in the front of this building.

The building on the side of the property is about 80 m2 and is currently occupied and used as a showroom and offers tandem parking for four of five vehicles.

Both buildings have access to a spacious and paved courtyard, and the property as a whole is in immaculate condition and very well looked after.

Both buildings can generate a total rental income of about R50 000.00 (FIFTY THOUSAND RAND) per month, excluding VAT and rates and taxes, and the property is zoned as Local Business 2.

The purchase price excludes any VAT which might be payable.

This is a great investment opportunity for any business and offers excellent visibility.

Feel free to contact me should you have any questions or would like a private viewing.