This exclusive portfolio consists of three properties:
A) 1 920m² national tenanted retail store – Cambridge Foods.
B) 1 310m² national tenanted Retail Store – Choppies.
C) 3 625m² cold storage/warehousing facilities that service property A.
Located within a bustling node of Bloemfontein Central in close proximity to the Interstate Bus Terminal and Central Park Shopping Centre. The retailers service high volumes of lower LSM commuter traffic.
All three properties have long-term leases in place and are located within 1,5km of each other.
Nett Annual Income: Almost R3.7m
Massive upside to each property:
A) Cambridge Foods in the process of being sold to Shoprite/Checkers.
B) 4x flats can be let out in property B.
C) 300m2 of offices to be sold as vacant, as well as cold storage container to be sold with the property.
*This is a non binding intention to make an offer on a property very similar to a verbal offer. We will present all these offers to the seller even if it’s below reserve price. If the seller is willing to look at your offer then you will be given the opportunity to make a formal offer.