• Category: Property - Residential Properties - Plots and Smallholdings
  • Furnished: No
  • Pets Allowed: No
  • Region: Eastern Cape - Port Elizabeth
  • Posted: > 1 month ago
  • Ad Type: Business
  • Viewed:

Smallholding with Business for Sale

R 3 450 000 Negotiable / Unit For Sale

Introduction:
This property is within the Colleen Glen area measuring a total of 5.2 Hectares of which +-2 Hectares is still natural bush.
The property is a total of 5.2ha of which only half is been utilized with the following infrastructure on: Property Specifications:
Main House / Flat & Shop / Bachelor Pad / Venue – Undercover / Barn- Shed / Tool Shed.
____________________________________________
Shop: Size: +-170 sqm
The Trading store has been trading for over 20 Years, serving the local community and the turnover has increase over the last few years. (More information to follow on request)
Trading 7 days a week with weekend 8am-1pm (Turnover on request)
All fridges, counters etc form part of the purchase price excluding the stock on hand.
Few accounts payable each month & pension card is kept to draw the cash.
As mentioned one can down size the shop space to 50sqm and turn the remainder 120sqm into a Coffee shop or Second-hand clothing outlet etc., which can generate extra income possibilities.
Plenty of fridges and sales counters etc. (See pictures)
_______________________________________________
Venue: +- 130 sqm under cover
The Venue is a 70 seater under roof with recently obtained a Liquor License, but has not been fully marketed at this stage. The food on offer is currently outsourced, but there is a kitchen but not in use, the bar is stocked as per event. The current food options in-house are, Spit-Braai’s and portable braai’s more for corporate staff function.
The Play area for kids is close and visible from the venue. The extra 2 ha of natural bush could lend itself to a touch farm setup or paintball games which will add huge value to the marketing.
The Venue has its own entrance with plenty of parking and His/her toilets for the guests.
The current rental income is mostly weekend parties, price ranging from R2000- R10 000 depending on the type and size of the party.
Currently renting just the venue for the following parties:
- Baby Showers
- Birthday Parties (Adults & kids) Current Playground
- Memorial Ceremony Services
- Weddings
- Family get together
- Music festivals (Stage for the band)
- Work Functions -The rental for each function is dependent of number of people and time they will spend at the venue.
Main House Info: Size: +-195sqm (maintenance -Roof)
Typical farm style house.
3 Bedrooms
2 Bathrooms (in-suit incomplete & Shower Basin with separate toilet)
Kitchen with pantry
Open plan living area – Lounge and Dining room
Front stoop area with braai
Second Dwelling – Flat 1: Size: +-150 sqm (Attached to the Shop)
2 Bedrooms
2 Bathrooms (1 Full & shower basin toilet)
Open Plan dining room onto kitchen
TV room
Third Dwelling – Flat 2; Size: +- 50 sqm (Rustic bachelor currently rented out for R1500/m)
Open Plan living area, kitchen counter with separate bathroom
Tool House: Size: +-20sqm (Secure lock up area)
Ideal for storage of garden and every day maintenance tools
Shed Undercover: Size: +-130 sqm Storage area

  • Category: Property - Residential Properties - Plots and Smallholdings
  • Furnished: No
  • Pets Allowed: No
  • Region: Eastern Cape - Port Elizabeth
  • Posted: > 1 month ago
  • Ad Type: Business
  • Viewed:
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