Dual Mandate – Prime positioned commercial property for sale in the business and restaurant hub of Agulhas. This well-known property is located a mere 100m from the tidal pools and 200m from the lighthouse. The shop also has office space, storage at the back, cold storage and baking facilities, and has the added benefit of an adjacent flat which could be used as guest or employee accommodation. The current tenants still has 4 years left of their lease agreement, with annual escalation built in.
Concept plans have been drawn up for purchasers who would like to consider upgrading in the nearby future. The current tenants also pay for usage as well as the monthly rental rate. Opportunities like these rarely become available in this lucrative town with growing economy and rising population.
For VAT registered purchasers a zero -rated transaction could be negotiated at R7,910,000 Excluding VAT. Contact us for more information or to schedule a viewing.