Commercial - Retail on Auction in Kathu

Description

ONLINE AUCTION Bidding Start Time: Wednesday 29 October 2025 @ 09:00 Bidding End Time: Thursday 30 October 2025 @ 14:30 Registration is essential by Monday 27 October 2025. Pre-Auction Offers may be considered. Auction Finance Available. For more information, please contact the listing agent. DESCRIPTION: The business includes the following: • Quest service station including Forecourt (± 196m²) • Deli shop & butchery (± 681m²) • Annual rental: ± R 1,260,000 per annum • The Quest Service Station is currently averaging around ± 350,000 litres per month • Used to do over ±500,000 litres about 2 years ago • Shop, deli, butcher - Over ± R1,800,000 monthly turnover Property & Service station business will be sold separately as they are owned by different companies - Transaction can be Zero Vat rated. Pre -Auction offers excl. Claremart fee will be considered. NDA to be signed before sensitive or financial information is released. PAYMENT TERMS: 2.5% Deposit & 10% Auctioneers fee (excl. VAT on fee); Payable on the fall of the hammer by means of EFT only. Balance payable on transfer. REGISTRATION REQUIREMENTS: To bid at the auction you need to provide a copy of your identity document and current proof of residence (not older than 3 months) as well as a R20,000 refundable registration fee. 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 Auctioneers. Bidders must conduct their own investigations prior to bidding.