ASATICO CIVIL AND CONSTRUCTION (PTY) LTD (IN LIQUIDATION)

Ref# 1290
Start Date: Monday, 10 July 2023 at 12:00
Closing From: Monday, 10 July 2023 at 12:00
Masters Reference: G816/2021
Auction Type: Onsite
Location: Brakpan CBD, Gauteng

About:
A single storey Commercial Building of plastered and painted brick walling, fitted with steel framed glazing under a mono pitched concealed roofing structure, comprising four (4) retail shops combined and utilized as one retail outlet shop with ancillary offices and certain other improvements. 3. LOCATION: The subject property is situated in the centre of the Brakpan CBD at Number 463 Voortrekker Street, Brakpan Central Business District (CBD), Brakpan, Johannesburg, Gauteng Province at GPS co-ordinates; -26.234834, 28.369560 The Brakpan CBD is a well-established Business node with fairly high levels of pedestrian activity in the area. THE STAND: The two stands together are roughly square in proportion with even topography. THE IMPROVEMENTS: The four (4) retail shops, each with own pedestrian access door from Voortrekker Street, are utilized as one retail Hardware Shop with one pedestrian access door from the front of the covered pavement at the front of the shop on Voortrekker Street. Two of the shop front areas have been combined and currently utilized as one sales floor area with a pedestrian access door on the side of the building giving access to the third shop front area utilized as a general storage area for larger sales items such as steel and plastic pipes, timber boards, railings and steel sheeting. Situated at the back of the third shop is a currently unused office and storeroom. A second pedestrian access from this area leads to the fourth retail shop front utilized for storage of smaller retail sales items. A passage walkway from the main shop floor area gives access to two (2) offices with the passage leading to an outside IBR covered courtyard area giving access to a staff kitchen, two (2) small storerooms and staff cloakrooms and a large covered outside storage area, all located at the back of the four shops. A passage walkway on the side of the building from the covered pedestrian pavement gives access to the outside covered storage area at the back of the building. APPROXIMATE EXTENT OF IMPROVEMENTS: Commercial Building (incl. pavement canopy 93m²): 894 Square Metres Covered Courtyard and Storage area: 148 Square Metres Total: 1 042 Square Metres ESTIMATED GROSS LETTABLE AREA (GLA): Retail Floor, Offices, Cloakrooms, Kitchen, Stores: 765 Square Metres Covered Courtyard and Storage area: 148 Square Metres Total: 922 Square Metres INTERNAL AND EXTERNAL FITTINGS & FIXTURES: ·Standard sanitary ware in staff cloakrooms ·Veneer floor units with Formica work-tops and single bowl stainless steel sink unit in staff kitchen ·Security Alarm Systems ·Burglar bars in front of windows ·Steel Security gates and bars in front of shop front windows and entrance doors

Notice:

  • All amounts are exclusive of VAT unless stated otherwise.
  • The catalogue is subject to change without prior notice.
  • Descriptions are for guidance only. Bidders should satisfy themselves as to condition and accuracy before bidding.
  • Where possible, please inspect lots during the preview period.
Preview Times:
By Appointment
Address:
461 Voortrekker Street (Portion 1 and and RE of Portion 1 of Erf 1049) Measuring 992m2, Brakpan CBD, Gauteng
Contact Person:
Debbie 011 789 4375 auctions@parkvillage.co.za

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