On-site Auction: Multiple use business property on main road, Blanco, George

AUCTION CANCELLED – SOLD BEFORE AUCTION!

Multiple use business property near Fancourt in Blanco, George

Auction date: Friday, 28 January 2022
Time: 10:00
Venue: On-site, cnr of Montagu and Napier Street, Blanco

Superbly located corner stand on main road through Blanco – opposite primary school and offering great exposure. Ideal as offices with separate flatlet allowing for mixed use when owner occupied or offering a rental income from multiple tenants.

Property description
• Remainder Erf 192 Blanco
• Extent: 749m²
• Address: cnr of Montagu and Napier Street, Blanco

Improvements
• Main building ±127m²
• Outbuildings ±86m²
• 2 Car ports
• Paved parking area (12 vehicles)

Main building
• 5 offices (4 of which have air cons)
• Boardroom
• Reception / lounge
• Printing room
• Bathroom
• Kitchen
• Under cover front stoep

Outbuildings
• Bachelor flatlet
• Office with kitchen and bathroom
• Large office / boardroom
• Store-room

Other
• Carport for 2 vehicles
• Paved parking area (12 vehicles)
• Outside braai area in courtyard
• Fully fenced with alarm system
• Electric access gate
• 1 x electric meter with 2 DB boxes

Zoning | Use
Business Zone IV (offices) with dwelling.

Please click on the link to view the Municipal consent regarding Zoning and approved building plan erf 192 council zoning and plan

Access
Main vehicle access gate in Napier Street, pedestrian access from Montagu St.

Heritage Status
The main building has Heritage Status.

Municipal information
Municipal Valuation: R 1 400 000
Rates & Taxes: ± R 1250 pm | Water, Refuse, Sewerage: ± R 1450 pm

Summary of Auction Conditions of Sale
• 10% deposit & 6.9% commission (VAT incl.) payable on day of auction
• There will be a period for higher offers after the auction, which will close on 2 February 2022 at 12:00 noon. The sale shall be subject to confirmation by the Seller by 4 February 2022; however the Seller may accept or decline the offer before 4 February.
• Balance purchase price payable against registration of transfer
• OCCUPATION on registration of transfer