Reliance Auctions is gearing up for a major commercial property sale on December 5 at noon at the Hilton Hotel in Rivonia Road
Reliance Auctions is gearing up for a major commercial property sale on December 5 at noon at the Hilton Hotel in Rivonia Road, Joburg.
The lots are still being finalised but among mandates already secured are:
Equestria Shopping Centre, Pretoria East, near Simon Vermooten Road and the N4. The fully let complex has a gross lettable area (GLA) of 1900m2. Call Alan Smith on 0727855929 for details.
Absa Bank premises in Ficksburg, Free State. The bank is a long-standing tenant holding a triple net lease whereby the tenant is responsible for the ongoing expenses of the property. The double-storey building has a GLA of just under 1000m2. Call David Soutter on 0833257152 for details.
Sasol filling station at Carltonville on land of 2750m2. About 315000 litres of fuel are pumped here a month at a filling station with high exposure. Soutter is also handling this sale.
Shoprite U-Save shopping complex at Steynsrus, Free State, has a GLA of 2100m2 and several other tenants. Shoprite has a seven-year lease in place up to 2024 with four five-year renewal options. Call Harold Pailman on 0838841121 for details.
The Vooma filling station at Lewisham, Krugersdorp, is in a high traffic node, and has an upgraded convenience store. Pailman is also handling this disposal.
For full details about these properties, visit see www.relianceauctions.co.za. – Auctions Writer