Chance to buy Sa­sol ser­vice sta­tion in No­ord­hoek

Weekend Argus (Saturday Edition) - - PROPERTY -

A NEWLY-de­vel­oped No­ord­hoek ser­vice sta­tion, with Sa­sol as the ten­ant, will be auctioned by Raw­son Auc­tions West­ern Cape on June 28, of­fer­ing a rare longterm in­vest­ment op­por­tu­nity.

Tanya Jo­vanovski, fran­chisee of Raw­son Auc­tions, says the present owner has un­der­taken all the work and costs of set­ting up the sta­tion, and Sa­sol has al­ready signed an ef­fec­tive 30-year triple-nett lease. “In terms of the lease, Sa­sol will be re­spon­si­ble for all costs as­so­ci­ated with the prop­erty. The new owner will re­ceive the rental, free of all ex­penses.” She says the ser­vice sta­tion will gen­er­ate a nett an­nual in­come of R1 560 000.

It is lo­cated at 90 Lekker­wa­ter Road, Sun­ny­dale, next to the busy Sun­ny­acres shop­ping cen­tre. The sta­tion is sited on an erf mea­sur­ing 4 269m , and in­cludes a small shop, am­ple park­ing bays in front of the shop and an ATM.

The auc­tion will be by silent 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 trans­fer duty will not be payable.

No reg­is­tra­tion fee is re­quired. How­ever, the buyer will be ex­pected to pay a de­posit of 5% of the pur­chase price, as well as 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 stan­dard terms and con­di­tions, a copy of which can be ob­tained by con­tact­ing Raw­son Auc­tions West­ern Cape of­fice at info@ raw­sonauc­ or call 021 837 1700. Bids can be de­liv­ered to

Raw­son head of­fice at 222 Main Road, Ron­de­bosch.

For more in­for­ma­tion or to make an ap­point­ment, call Keith Evans at 082 749 9284 or Tanya Jo­vanovski at 021 837 1700.

The newly-de­vel­oped Sun­ny­dale petrol sta­tion, on which Sa­sol has signed an ef­fec­tive 30-year triple-nett lease, will be auctioned by silent ten­der by Raw­son Auc­tions.

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