Com­mer­cial com­plex on Knysna Main Road of­fers 17 units in five build­ings

Weekend Argus (Saturday Edition) - - MEDIA& MARKETING -

A COM­MER­CIAL COM­PLEX sit­u­ated on the main road in Knysna and com­pris­ing 17 com­mer­cial units housed in five sep­a­rate build­ings will be brought to auc­tion by Raw­son Auc­tions West­ern Cape to­wards the end of this month. The en­tire com­plex will be sold as one lot.

The prop­erty is lo­cated in an es­tab­lished com­mer­cial node close to Knysna’s cen­tral busi­ness district and of­fers quick ac­cess to lo­cal ameni­ties such as re­tail stores, Wood­mill Shop­ping Cen­tre, Knysna Hos­pi­tal and bank­ing fa­cil­i­ties, says Tanya Jo­vanovski, fran­chisee of Raw­son Auc­tions West­ern Cape. “The Knysna Water­front is also nearby.”

The es­tate is 1 572m2 in size and the build­ings that make up the prop­erty are po­si­tioned among oaks and other trees, she says. “The two oaks that dis­tin­guish the front en­trance and a pin oak tree in the cen­tral court­yard high­light the tran­quil­lity of the site.”

She adds that the main build­ing on the site is a dou­ble-storey her­itage struc­ture that is rich in his­tory. The main struc­ture has steel ceil­ings, sash win­dows, Dou­glas fir floor­ing, and a fea­ture fire­place up­stairs.

The other build­ings on the site con­sist of three dou­ble-storeys and one sin­gle-storey. Un­like the main build­ing, these are not her­itage build­ings.

The sin­gle-storey build­ing could be used as of­fice ac­com­mo­da­tion, she sug­gests. The com­plex also of­fers four small stalls that could serve as re­tail or flea-mar­ket kiosks.

The build­ings have been mod­ernised with glass frontages that al­low for un­in­ter­rupted view­ing of the court­yard which is sit­u­ated in the mid­dle of the build­ings. “This tim­ber deck could be used for ex­hibit­ing goods or ad­ver­tis­ing,” she adds.

As all the units are cur­rently va­cant, the com­plex lends it­self to the pos­si­bil­ity of be­ing trans­formed into a themed busi­ness cen­tre, such as an artis­tic haven for the arts and crafts sec­tor, in Jo­vanovski’s view. “It also of­fers many other op­tions. It could, for ex­am­ple, be used to pro­vide ser­vices such as a con­ve­nience store, banks, a restau­rant and a hair­dresser, as it is cen­trally lo­cated and eas­ily recog­nis­able and ac­ces­si­ble to the pub­lic.”

She says im­prove­ments made to the build­ings in­clude cor­ru­gated sheet metal roofs, and ceil­ings of rhi­noboard and tim­ber. “The ex­ter­nal walls are of brick, which is plas­tered and painted; the in­ter­nal walls are a com­bi­na­tion of brick, which is plas­tered and painted, and dry-walling. The floors are con­crete, with a com­bi­na­tion of tile, car­pet and wood-strip floor cov­er­ings.”

The prop­erty, which falls un­der the ju­ris­dic­tion of the Knysna mu­nic­i­pal­ity, also has a cur­rent lease for 40 park- ing spots which are po­si­tioned be­hind it.

The auc­tion will be by silent ten­der, with writ­ten of­fers to be sub­mit­ted in sealed en­velopes. Ten­ders will close at noon on Thurs­day, Oc­to­ber 27.

The guide price of the prop­erty is R7.5 mil­lion, but all of­fers will be re­viewed. The seller is reg­is­tered for VAT, so trans­fer duty will not be payable. The rates and taxes are cur­rently R108 384 an an­num.

No reg­is­tra­tion fee is re­quired to bid with Raw­sonAuc­tions. How­ever, the buyer will be ex­pected to pay a de­posit of five per­cent of the pur­chase price, and 10 per­cent com­mis­sion plus VAT over and above the pur­chase price, to Raw­son Auc­tions on the seller’s ac­cep­tance of the bid. Bid­ders are re­quired to be reg­is­tered and must have with them cer­ti­fied copies of their iden­tity doc­u­ments and proof of res­i­dence.

Of­fers should be sub­mit­ted on Raw­son Auc­tions’ Of­fer to Pur­chase form with its stan­dard terms and con­di­tions, a copy of which can be ob­tained by con­tact­ing the Raw­son Auc­tions of­fice at info@raw­sonauc­tions.com . Bids can be de­liv­ered to Raw­son Prop­erty Group’s head of­fice: 222 Main Road, Ron­de­bosch.

For more in­for­ma­tion or an ap­point­ment to view the prop­erty, call Tanya Jo­vanovski on 021 837 1700 or 082 411 9599.

WELL-LO­CATED: This com­mer­cial com­plex, which is well-lo­cated on Knysna main road, is dis­tin­guished by two oaks at the en­trance and a pin oak tree in the cen­tral court­yard.

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