Property features

R7 850 000
Rates R3340 pm

Property Details

This industrial business premises is situated close to the Howick CBD and is easily accessible from the Main Road leading in and out of Howick. The buildings comprise of two buildings with plenty of parking areas servicing both buildings on this 2740m2 Erf. The Main Workshop Building – 657m2 The original building 403m2 consists of two sections totaling 403m2 with an extension of 250m2 provides an impressive 657m2 sized workshop. A large roll up door gives road access directly into the workshop extension. Entrance into the property is through a suspended 5m wide palisade gate which will allowing truck access up to 10 tons. These buildings offer: • Reception and admin offices • Versatile workshops offering several options / opportunities for possible rentals • A mezzanine floor totalling 235m2 above the workshops suitable for light weight storage • Kitchenette facilities for staff and guests in both sections • Staff ablution facilities • 3 Phase or 3 x 80-amp prepaid meters • Alarm with Knight Security and CCTV system • Basic inverter system for office functions A section is tenanted, bringing in an income of R15 000. The lease expires in December 2025 but has an option to renew. Double-Storey Building – 685m2 The separate double-storey building comprises of the ground floor which has two sections, currently let as one, and the first floor consisting of two carpeted offices of 183.6m2 and 159m2 respectively. Access via external staircases on each side. Each office has a kitchenette and ablution facilities. The downstairs tenant has a signed lease agreement in place providing a stable income of R 21 000.00 per month, expiring in November 2025 with an option to renew. • There are currently 4 x Prepaid 40-amp meters installed in each section • An alarm system and outside beams are connected to a local security company • Ample parking space for staff and visitors. This property consisting of a total of 1363sqm of light industrial / commercial buildings offering a versatile business opportunity. PRICE EXCLUDES VAT.