Call for offers on business rescue assets

There is still time to submit offers on shares, commercial and residential properties across Pietermaritzburg,

Durban, Johannesburg and Cape Town, as well as furniture manufacturing assets collectively valued at R800m.

That’s the word from the joint business rescue practitioners Manci Knoop Financial Services and Coronado Consulting, which have extended an invitation to bid for investment and residential property and a furniture manufacturing and retail business — namely Willmeg Investments (Pty) Ltd, Nungu Trading 478 (Pty) Ltd, Azure Blue Investments 31 CC, Silver Shadow Trading 508 CC, Robfair Investments 229 CC and Collateral Trading 224 CC — all of which are in business rescue.

Offers on shares (to be sold as a going concern), immovable and movable assets belonging to the concerns mentioned above will be accepted individually or collectively in defined lots.

Fifteen properties, comprising retail parks, offices and showrooms, mixed-use commercial premises, vacant land, residential dwellings and a corporate guesthouse are available.

One of the properties in question is the Howick SHF head office comprising a retail office, two factories, a design centre and a distribution centre measuring 22,837m² in total.

The properties’ tenants include SHF, Dot Com, Romesco Olives, Natfurn, Howick Showroom, Comfy Lounge and DC Warehouse.

After shares and property, there remains home furniture stock, high-end machinery and equipment, office furniture, point-ofsale systems, and light to heavy commercial vehicles to be sold.

Interested parties have until

5pm tomorrow to submit their offers electronically to property@parkvillage.co.za.

For detailed information, visit www.parkvillageauctions.co.za, web reference 551; or www.go-dove.com, web reference 900211.

For all auction-related information, call Park Village Auctions on 011-789-4375 or see www.parkvillageauctions.co.za