Corporate Disposal - Shoprite Uitenhage

 
Address:
29 - 31 Gerald Smith Street,
Suburb:
Uitenhage
Province:
Eastern Cape
Country:
South Africa
Web Ref:
110119
Description:
Fully let Shoprite Retail Centre
GLA: ± 14 756m²
GAI: ± R24.7 million
New 10 year Shoprite lease on transfer, plus three 5 year renewal options
New 5 year OK Furniture lease on transfer, plus four 5 year renewal options
Shoprite occupy 8862m² (60% of GLA)
Stand size 1.4959 ha
Additional tenants incl Ackermans, Pep, Hungry Lion, Tekkie Town, Sheet Street, Legit, Fashion World, ATM's and more
Surrounded by ample parking
Busy trading district
1 of 2 Shoprite Centres to be sold on the day
R 500 000 Registration Fee
Letter of Comfort from Financial Institution
Transaction Attracts VAT

Auction Details

Date:
28 November 2019
Time:
12:00
Venue:
Summer Place, 69 Melville Road, Hyde Park

Sales Executives

Name:
Nick Pretorius
Mobile:


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