Commercial - Retail for Sale in Wellington North

Description

Accepting Offers. DESCRIPTION: This prime property is situated in sought-after and popular Main Road, Wellington, and is ready to be developed. Situated in the business hub and across from busy Market Square Shopping Centre, this area is prime with lots of traffic, both cars and foot. POTENTIAL USE: • Situated next to our other property on the market with 3989m2 • This erf siz2 – 1107m2 • Totalling 5096m2 • Strip Mall • Retail Shops • Usage – Business (can be rezoned) CURRENT USE: Downstairs – 780m²: • Sports store – Rental ±R5000.00pm • Loan shop – ±R15 000.00pm • Funeral insurance – ±R2000.00pm • Salon – ±R7000.00pm • Area was previously a bar/restaurant/dance floor • Bathrooms UPSTAIRS – 500m²: • 6 En-suite rooms – ±R30 000pm • Storerooms • Rooms • Office’s • Bathrooms Potential total rental: ±R150 000 – ±R160 000 per month DETAILS: • Erf size: 1107m² DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.