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POA

Commercial Property for Sale in Standerton Central

20 Charl Cilliers Street, Standerton Central, Standerton

1 320 m²

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Stand Alone Cashbuild Retail Facility in Standerton

This prime retail facility not only enjoys a newly signed and renewed 10-year lease agreement but has also undergone a significant revamp. The longstanding tenant, Cashbuild, founded in South Africa in 1966 was listed on the JSE in 1986 and has since expanded into several neighbouring countries. They are currently one of Southern Africa's leading building material retailers. The established company has grown to employ over 5000 people across its operations of over 260 stores.

Cashbuild is the main supplier of hardware and building materials in Standerton and therefore has established a strong and loyal customer base within the community and surrounds. Cashbuild has secured their position in this property for the next 10 years, and also enjoy the benefit of having 2 x 5year options to renew their lease.

This...