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R 49 000 000

Commercial Property for Sale in Hillbrow

Hillbrow, Johannesburg

Contact broker for street address

3 000 m²

Contact Broker

Christo Ward

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Seize the chance to own a flourishing enterprise: a building paired with multiple shops, all under dedicated owner management!

The establishment is a thriving enterprise characterized by a robust operational framework, featuring several retail outlets that are effectively managed by the owner. This business model not only emphasizes the sustainability of its operations but also highlights the owner's active involvement in daily management, ensuring a personalized touch and a deep understanding of customer needs across all locations. The combination of a solid foundation and the owner's commitment positions this venture for continued growth and success in the competitive retail landscape.

This property is strategically located in a bustling area adjacent to a lively street market, which guarantees significant foot traffic and excellent visibility for potential customers. The vibrant atmosphere of the market enhances the appeal of the location, making it an ideal spot for retail...

The establishment comprises five well-established shops, each operated by dedicated owners who have built a solid reputation in the community. This owner-run model not only fosters a personal touch in customer service but also contributes to the overall stability and success of the businesses within the property.

With an estimated stock value averaging around R2.5 million, this property presents a substantial income-generating opportunity. The erf spans an impressive 1688 square meters, complemented by a floor area of approximately 3000 square meters, making it a prime investment for those looking to capitalize on the thriving commercial landscape.

The entire inventory is available up to a specified limit, which can be negotiated with the prospective owner. The current proprietors are open to providing support during the transition to the new owner's business model, ensuring a smooth handover of operations.

The existing team of dependable and dedicated employees will collaborate closely with the new owners, facilitating a seamless integration into the business. Their experience and familiarity with the company's processes will be invaluable in maintaining continuity and efficiency during this change.

This arrangement not only offers a comprehensive inventory but also guarantees that the new owners will have the backing of a skilled workforce. The commitment of the current owners to assist in this transition underscores their dedication to the ongoing success of the business.

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Property Overview

Listing Number

115131650

Type of Property

Commercial Property

Description

Retail

Listing Date

27 October 2024

Erf Size

3 000 m²

Floor Size

3000 m²

Zoning

General Business

External Features

Parking

On street parking

Building

Backup Power

Backup Battery / Inverter

Other Features

Security

Alarm System, 24 Hour Response, Closed Circuit TV, Burglar Bars, Guard, Safe

Nearby Public Transport

Bus, Train, Minibus Taxi

Internet Access

Fibre

Generator

Yes

Points of Interest

Bond Calculator

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