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R2,850,000

685m² Building For Sale in Delville

Background:
This is a family owned Marble and Granite business and has been going for many years. The Owner needs to sell due to health reasons.

Location:
Situated in the Industrial Area of Delville Ext 1, Germiston.

Features:
GLA: 685m²
Land Size: 685m²
Zoned: Industrial

Layout:
Access to the factory can be gained via the front entrance.
The factory has a sliding gate entrance which is used for deliveries.
To the right is an entrance to the offices.
Beyond the Sliding gate is a roll up door.
This factory has not been completed with renovations. As the owner has been ill.
Inside the factory at the back are more offices.
There are many machines in the factory used for cutting of the Marble and Granite.

Financial:
This property is registered in a cc.
The Financials for the last year are not available as no trading has happened over the last 8 months.

Assets:
2 x Bakkies
Various Equipment:
Cutting Table
Power Saw
Bench press Drill
Compressor

Staff:
The owner has a foreman on site who is keeping an eye on the property.

S.W.O.T Analysis

Strengths? – Well located building, nicely situated in the Industrial area of Delville, Germiston. This business is vey well known in the Granite and Marble Industry.

Weaknesses? – The Property still needs to be finished w.r.t. the renovations. This property will not suite any Businesses which requires a lot of personal parking.

Opportunities? – This type of business is sought after, Marble and Granite is in great demand.

Threats? – If other competition opens up in the area.

Conclusion as to why this is a good property to purchase:
As this Business has been going for so many years, Family owned it has been very successful in the past. The building itself is a bargain. The Business can be bought separately from the Property as there are buyers who want the property. The owner will supply a list of Clients and Suppliers. This is a well-known company in the Marble and Granite business.

Features

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0
Zoning:
Industrial
Sizes
Floor Size
685m²
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 14%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Vat 14%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
TOTAL:
GRAND TOTAL:

Income

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

38,456.47

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