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Industrial Warehouse in Capricorn, Western Cape – Online Auction

Online Auction Of A Freestanding Industrial Warehouse and Offices in Capricorn, Western Cape boasting an extent of ± 2001m².

Lot Closing: 06/07/2021 12:00 pm

Sale Method: Online Auction

Featuring

  • Industrial Warehouse and offices boasting an extent of ± 2001msq, located in Capricorn Business Park, Cape Town comprises of warehouse with offices, a kitchenette and toilets. The office can be accessed separately and comprises of a reception area, open plans offices, individual offices and a kitchenette and ablution facilities of its own. The property has ample parking and loading space. The premises is fully fenced and access is controlled. Power: 3 Phase Power Supply (40amps) The property currently has 2 active lease agreements in place one of which is due to expire towards the end of August 2021. Address: 1 Lakeside Square, Capricorn Park Extent: 2001msq Building Size: 1380msq Rates: R8360.00 p/m (Approximately) Levies: R3000.00 p/m (Approximately)

Please Note: lots sold subject to confirmation.

Industrial Warehouse with Offices, Capricorn, Western Cape (1)

Note to purchasers

Auction Notes: Auction Notes: To be approved for bidding, we require: R10,000 Registration fee, completed participation form and FICA documents. The participation form document can be found on the lot, under “Documents” FICA documentation, completed and signed participation form to be emailed to africa.buy@allsurplus.com

Buyers Premium: 5%

VAT / TAX: 15% VAT applicable on commission and purchase price

Payment Type: EFT

Additional Notes

Legal Notice:

View Legal Notice

This auction is governed by the Consumer Protection Act – Act 68 of 2008 (South Africa), and further reference to the Act and the regulations can be downloaded here.
Consumer Protection Act 68 of 2008
Consumer Protection Act 68 of 2008 – Regulations

COV-19 SPECIAL CONDITIONS

1 The Buyer recognises that the world is currently amidst a pandemic, which may affect how business gets done and cause some difficulty in viewing and collection of assets amongst others.
2 Sellers may have to introduce and modify the rules of engagement relating to the sale and access of various sites. All buyers agree that they will adhere to the regulations and rules set by Government and the Sellers and furthermore agree that the Buyer cannot use this to withdraw from sales.
3 The Buyer recognises that there might be a delay in the collection of assets and/or access to site, which will impact loading time and collection efforts. Each bid that is made by the Buyer is made with this in mind.

The Bidders Attention Is Drawn To The Following:

Auction Notes

  • The assets will be sold “Voetstoots” or “as is where is”. It is the buyer’s responsibility to perform an inspection of the assets prior to the auction.
  • The auction is subject to a reserve price and will not be sold for less than such.
  • The Sale of the assets is non-suspensive and not subject to any feasibility or any other condition required by the buyer.
  • The auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of third parties.
  • The Auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of seller but, if on behalf of the seller, not at or in excess of the reserve price.

  • Deposit of 10% and Buyer’s Premium 5% plus VAT, payable immediately after acceptance of offer
  • Balance of the purchase price plus VAT, payable on registration of transfer
Register & Bid on AllSurplus

Event Details

Bidding Opens: June 8, 2021 9:00 am

Bidding Closes: July 6, 2021 12:00 pm

Asset Location: Cape Town, Western Cape, South Africa

Viewing Details: Please contact agent

Contact Details

Contact: Lele Thromp

Email: lele.tromp@liquidityservices.com

Mobile: 021 702 3206

Telephone: 0860 00 00 10