Eatery as­sets sold off as restau­rants close at rate of one-a-week

Weekend Argus (Saturday Edition) - - AUCTIONS -

WEST­ERN Cape Auc­tion­eers last week sold off the as­sets of the Dros restau­rant at Cape Town In­ter­na­tional air­port.

Staff re­moved all the as­sets and the in­ter­est in the auc­tion was huge, mark­ing West­ern Cape Auc­tion­eers’ po­si­tion as the spe­cial­ists in the field.

Auc­tion­eer, Stef Olivier said that restau­rants con­tinue to close down at an alarm­ing rate.

How­ever, at the same time, many res­tau­ra­teurs have em­barked on re­fur­bish­ments and are get­ting ready for the high sea­son.

WCA closed six restau­rants last month and al­ready have five lined up for this month.

WCA group will also be tak­ing on some­thing dif­fer­ent this week, when they launch reg­u­lar boat auc­tions due to pub­lic de­mand.

The auc­tion­eers had great suc­cess with such sales last year and will be plac­ing seven boats un­der the ham­mer on Thurs­day, Novem­ber 12 at 11am at their auc­tion house in Brack­en­fell. As well as boats, ve­hi­cles, fork­lifts, mo­tor bikes and pit bikes, an x-cube pipe car will go on sale.

A spe­cial fea­ture at the boat auc­tion will be the an­tique fur­ni­ture on sale, some of the items be­ing more than 90 years old. The fur­ni­ture has been im­ported from In­dia. It fea­tures beau­ti­ful wood carv­ings and de­signs and ranges from ma­hogany desks, pedestals and carved mir­rors, to book­shelves, tall­boys and some unique swing doors. Only 40 items are avail­able.

The auc­tion­eers will put all the boats and ve­hi­cles on the block first and will then move on to the an­tique fur­ni­ture.

For more in­for­ma­tion, call 082 823 2 615 or 021 981 6687.

BE­FORE AND AF­TER: The as­sets of the Dros restau­rant at Cape Town In­ter­na­tional air­port – its equip­ment, fix­tures and fit­tings were sold at auc­tion last week, leav­ing be­hind an empty space.

DRIVEN TO SELL: West­ern Cape Auc­tion­eers will this week of­fer for sale boats, cars, fork­lifts, mo­tor bikes and more.

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