WITHDRAWN FROM THE MARKET
Industrial Property for sale in Thornton. The Property consists of 2 interleading sectional title industrial factory/ warehousing units. The area of both units totals approximately 163m². The complex is the popular Viking Business Place.
The option exists to purchase the company which owns both units. Audited financials are available and have no liabilities.
There is a lease with a monthly rental income of about R13 000 ex VAT. This is currently a short-term lease.
The selling price excludes VAT.
The property is on Thor Circle in Thornton, across the road from Epping 1 and the Cape Town Market. The buildings are also more modern in construction and are perceived to be more exclusive than those in Epping. There are no buildings with asbestos roofing in this neighbourhood, thus attracting better tenants and businesses who strive for better buildings with better facilities. Therefore, various significant companies have relocated to Thor Circle. Examples of such enterprises are Bidvest and Senior Flexonics. Most of all, they love this location.
WELL-RUN COMPLEX AND BODY CORPORATE
A professional management company, Watchprop, manages all aspects of Viking Business Place. Management meetings with the Trustees are held regularly. The park is always neat, tidy and clean. All businesses in the park pride themselves on working in a clean, uncluttered environment.
Viking Business Place does not often have units for rent due to its popularity.
Thornton and Epping are very convenient locations for a business to locate to. Access to N2, M5, M7 and N1 highways is quick. Opposite Epping 1 in Cape Town. Close to Cape Town Market. Good availability of public transport – rail (2 lines), buses and taxis. There are many benefits to being in the Epping Industria area.
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Rentable Area: 163.00 m²
Property ID: 233