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R4,195,000

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Monthly Rates
R1,707 Excl. VAT

Well established business and business premises for sale in Lennoxton

This six hundred square meters premises in a very active part of Lennoxton is available for sale to the budding entrepreneur or businessman. This building and various businesses are for sale for R4500000,00. Alternatively the building is for sale on it's own for a bargain basement price of R3500000.00 plus VAT. The three businesses are also available as a unit for the amount of R1400000.00 plus VAT.

The business is in possession of a Pub license gaming license (10 Machines), entertainment license and restaurant and takeaway license. Current lease income totals R23000.00 gross per month with the possibility to increase earnings by opening a further three shops in the complex. The current owners also obtained permission to open a car wash facility on the premises. The owners are VAT registered and up to date financials will be provided to serious prospective buyers. Book your viewing and consultation with me now!!!!!!!!

Features

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0
Zoning:
Retail
Exterior
Security
No
Sizes
Floor Size
500m²
Land Size
600m²
Building Height
4m

Lennoxton, Newcastle

Newcastle is in the northwest corner of KZN along the Ncandu River and set at the northern foothills of the Drakensberg Mountains. It is one of the countries busiest industrial centres and for this reason has earned the nickname "the City of Opportunities" The N11 and R34 are the 2 main roads linking Newcastle to the rest of South Africa. The driving time from Newcastle to Durban is 4 hours and 3 hours from...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

58,381.37

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