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R 9 000 000

Commercial Property On Auction in Bellville South

  • Floor Size 1 937 m²
  • AUCTION
Online Auction 19th March 2025 Invited Opening Bid R9,000,000

This sale is Subject to Confirmation by the parties involved.

High Location Position, High Visibility, Landmark Building on Auction

Situated on Robert Sobukwe Road between the University of Western Cape and Bellville Taxi Rank No 1# position

High volume of traffic passing at any given moment ..check the traffic count

Bidding will begin at R9 million rands

Presently an Offsite Consumption Liquor Store , alongside is the Burner Restaurant part of the same building with an On consumption licence.

Ist and 2nd floor Vacant included is also free standing a house ,See possibilities below.

Complete Building 1932 sqm ground floor area size, with a Profitable Current Bottle

Off consumption and On consumption Licence included in this property sale.

Amazing Off Sales expansion possibilities to current Business.

Liquor store Turn over figures and financials...

This sale is Subject to Confirmation by the parties involved.

High Location Position, High Visibility, Landmark Building on Auction

Situated on Robert Sobukwe Road between the University of Western Cape and Bellville Taxi Rank No 1# position

High volume of traffic passing at any given moment ..check the traffic count

Bidding will begin at R9 million rands

Presently an Offsite Consumption Liquor Store , alongside is the Burner Restaurant part of the same building with an On consumption licence.

Ist and 2nd floor Vacant included is also free standing a house ,See possibilities below.

Complete Building 1932 sqm ground floor area size, with a Profitable Current Bottle

Off consumption and On consumption Licence included in this property sale.

Amazing Off Sales expansion possibilities to current Business.

Liquor store Turn over figures and financials available subject to an onsite inspection.

This property Position is the epicentre of this area.

Various retail options to take into consideration for this property location .

See examples below and what this business property attractive income holds for the investor and future income possibilities. Viewing imperative.

Business can be expanded to a larger area on this Retail Commercial Block.

• Liquor Retail/Outlet section can be extended to much larger area on this property and become a great position for a recognized Liquor supermarket/wholesaler.

• Restaurant area already... licensed can also be extended

• Important N.B again Off consumption and On consumption licence exists

• Retail Position alone has a great opportunity for a Retail Franchised Chicken outlet or a National Burger Franchise adjacent to a the liquor outlet.

• Large area at the rear presently a house can be converted to a storage are for a retail outlet. Warehouse space

• Ground Floor large square meterage area, gives a variety of retail option.

• 1st floor ..various options...... presently unused

• 2nd floor ..various options ... presently unused

• The two above floors with a separate entrance in LLoyd street, could be used as a Medical Centre with doctors and dentists ,etc

• Whole Building can be converted and be developed upwards to 3 Floors with available bulk to include multiple one bedroomed flatlets/accommodation for students at University of the Western Cape.

• Viewing imperative to see the present and future possibilities.

• Call centre possibilities

• Large Bulk available.

• Updated change to the exterior with large window shopfronts can do a lot to upgrade the outside building look.

• Onsite and Off street parking available right around building .

• Retail Opportunity for large Butchery or Supermarket

• Property across the Road is a Sasol petrol station

Erf extent 1932 Sqm. 3 erven combined.

Zoning GB3 shop retail . Supermarket possibilities

The 2 buildings comprise 3 stories , 2 floors unoccupied with development potential for flats

Supreme position with potential and upside with a rezoning.

Liquor outlet and Burner Franchise occupying small area of ground floor. It also has a 3 phase electricity supply.

House on on erf, presently occupied by the staff.

Close to University of the Western Cape and Bellville Taxi rank.

Student accommodation potential at its maximum.

Small mall possibilities Shoprite, Checkers with Flats above?

A 10% deposit and 5% auctioneers fee (plus VAT on fee) is due and payable by the highest bidder once bidding has closed. See Legal tab for Special Conditions.

Please note: All legal documents can be viewed by clicking on the 'Legals' tab above, in order for you to carry out due diligence in relation to the property. By doing so, this will also then ensure that you are continuously updated regarding any pricing changes on the property before the auction.

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Property Overview
Listing Number
113989197
Type of Property
Commercial Property
Listing Date
26 January 2025
Erf Size
1 932 m²
Floor Size
1937 m²
Parking
30
Power Availability
Three Phase
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Auction Details

19 March 2025, 10:00
Online
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