Cen­tre fully-let, gen­er­ates good an­nual in­come

Sun­ny­dale shop­ping cen­tre auc­tion presents in­vest­ment op­por­tu­nity

Weekend Argus (Saturday Edition) - - PROPERTY -

A FULLY-let shop­ping cen­tre with an an­chor ten­ant in Sun­ny­dale, No­ord­hoek, will be brought to auc­tion by Raw­son Auc­tions West­ern Cape this month.

Sun­ny­acres shop­ping cen­tre, at 90 Lekker­wa­ter Road, com­prises 11 shops sited on an erf mea­sur­ing 7 177m² in to­tal, says Tanya Jo­vanovski, fran­chisee of Raw­son Auc­tions West­ern Cape.

The cen­tre is eas­ily ac­ces­si­ble and al­ways busy, and there is am­ple park­ing for all ten­ants, staff and cus­tomers, she says.

The an­chor ten­ant is Foodzone and there are also two smaller an­chor stores: a na­tional bot­tle store and TEARS char­ity store. Other shops in the cen­tre in­clude a cof­fee shop, an in­ter­net cafe, a spice shop and a cloth­ing store. A de­tailed ten­ant list and lease pe­ri­ods for each store are avail­able on re­quest.

“The cen­tre has been in ex­is­tence for 10 years and ser­vices the lo­cal com­mu­nity of Masi­phumelele and Sun­ny­dale,” Jo­vanovski says.

She says the cen­tre is well de­signed and has a good foot traf­fic flow. Al­though the cen­tre can­not be ex­tended, mi­nor ren­o­va­tions can be done in­side.

She says the cen­tre rep­re­sents an ex­cel­lent ten­der, with writ­ten of­fers to be sub­mit­ted in sealed en­velopes. Ten­ders will close at noon on June 28. The re­serve price is avail­able on ap­pli­ca­tion, but all of­fers will be re­viewed. The seller is reg­is­tered for VAT and no trans­fer duty will there­fore be payable.

No reg­is­tra­tion fee is re­quired to bid with Raw­son Auc­tions. How­ever, the buyer will be ex­pected to pay a de­posit of 5% of the pur­chase price, and also 10% 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 West­ern Cape of­fice on info@raw­sonauc­tions.com or call 021 837 1700. Bids can be de­liv­ered to the Raw­son Prop­erty Group’s head of­fice at 222 Main Road, Ron­de­bosch.

For more in­for­ma­tion or an ap­point­ment to view the prop­erty, call Keith Evans on 082 749 9284 or Tanya Jo­vanovski on 021 837 1700.

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