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Commercial Property in Pumula For Sale

R3 000 000

1 292m2 457m2

Commercial Property in Pumula For Sale

Suburban superette and bottle store for sale

1 292m2 457m2

Commercial Property in Pumula For Sale

Suburban superette and bottle store for sale

R3 000 000

Monthly Bond Payment: R

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1 457m2

Features

  • Parking 6

Description

Over the past few years, a take-away service has been introduced and has become quite popular. This service offers quick and convenient meals with a well-stocked and organized kitchen. The proximity of guesthouses and backpacker accommodations has contributed to its success.

The bottle store outlet, although small and located at the back of the store down some stairs, has intentionally been kept this way. It carries a limited selection of alcoholic beverages such as beers, wines, and spirits. The store regularly restocks its inventory through deliveries directly from SAB, South African Breweries. This limited selection has been well-received by the nearby hospitality establishments.

The superette, on the other hand, stocks around R50,000 worth of standard household items that have proven to be popular among visitors to self-catering establishments and campgrounds in the area.

The current owners are looking to retire and sell the businesses as a walk-in, walk-out opportunity. They are willing to provide detailed financial information to interested buyers. The stores have an approximate monthly turnover of R150,000, with a net profit margin of around 28%. Due to its location, there are seasonal peaks in business during Easter, July, and Christmas when there is an influx of visitors and holidaymakers to the area.

The property is situated in the residential suburb of Pumula, where properties typically sell for R1.0m to R1.5m

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“RE/MAX Toti operates in terms of a franchise agreement with RE/MAX of Southern Africa.” 

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 2,000

Property Details

Web Ref RXAO-7571
Property Type Commercial Property
Building Size 292m2
Erf Size 457m2
Bathrooms 1

Contact Agent

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Clive Chase

Full Status Property Practitioner

RE/MAX Toti (Amanzimtoti)

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Enquiry about property Ref:RXAO-7571

R3 000 000

Monthly Bond Payment: R

currency bond calculator
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

Clive Chase

Full Status Property Practitioner

RE/MAX Toti (Amanzimtoti)

MessageCall me back Whatsapp
Book a viewing

Contact Clive Chase

Agent profile picture

Clive Chase

Full Status Property Practitioner


RE/MAX Toti (Amanzimtoti)

Show number

Show number

Enquiry about property Ref:RXAO-7571