R 8 510 000 - Warehouse For Sale in Ribblesdale

Web Ref:  2401153
Area Ribblesdale, Bloemfontein, Free State
Agency National Real Estate Bloemfontein

William Wiggill
+27 83 675 7116
william@nationalre.co.za
Industrial Warehouse space
It is a criminal offence, punishable by law, to advertise VAT-exclusive prices even if you add the words VAT-Exclusive

Commercial plot situated in the northern areas of Bloemfontein, Consists of 3 tenants, ample ground for future development available. There is 3 warehouses and 1 house on the premises. The current tenant has been there for multiple years, the warehouses has been custom built for his needs.
Current income R60500 per month with a potential of R82500 with long leash terms. Current expenses are R9900. The premises is about 15 min from Raymond Modlaba Street, it is very close to the N1. Easily accessible for interlines and trucks. There is 3 phase electricity with connections.
The floor is of good quality and can bare a lot of weight. It is easy for forklifts to maneuver in the warehouse, there is also loading docs for the interlinks to load and offload goods. It can accommodate 6 links at any given time.

Floor Size 2 800 m² Rates R 9 900