NEW
Web Ref CL510
Commercial Property with Established Business for Sale - East London
Prime Commercial Property with Established Business Opportunity
This well-positioned commercial property offers an exceptional opportunity to acquire a solid, income-generating building, with the added option of purchasing a well-established business as a going concern.
The commercial building is offered at R5,500,000, in line with the Mirfin professional valuation, making it an attractive standalone investment for buyers seeking secure property ownership with long-term upside.
For purchasers wishing to acquire more than just the property, there is an optional opportunity to purchase the fully operational business, which has been professionally valued and structured to allow for a seamless continuation of operations.
The business valuation components include:
Goodwill valued at R1,782,000, as calculated by Charteris, with an adjusted value of R1,960,200, reflecting the strength of the brand, customer base, and trading history.
Movable assets valued at R2,118,674, with an adjusted value of R2,330,541, ensuring the business is fully equipped and operational (final valuation currently in preparation).
Stock in trade currently valued at R5,434,875, calculated on aged cost plus VAT. As stock levels and pricing fluctuate daily, the final stock value will be determined and negotiated at time of sale.
The building itself carries a separate valuation of R6,445,750, further underscoring the strength of the property offering, while being competitively priced at R5,500,000.
Buyers may therefore choose between two clear acquisition options:
Purchase the commercial building only for R5,500,000, or
Acquire the entire operation, including the building and business assets, at an agreed total based on the above valuations and the confirmed stock value at date of sale.
This flexible structure makes the opportunity ideal for both investors seeking property ownership and owner-operators looking for a turnkey business solution. Opportunities offering this level of choice, transparency, and value are seldom available.
This well-positioned commercial property offers an exceptional opportunity to acquire a solid, income-generating building, with the added option of purchasing a well-established business as a going concern.
The commercial building is offered at R5,500,000, in line with the Mirfin professional valuation, making it an attractive standalone investment for buyers seeking secure property ownership with long-term upside.
For purchasers wishing to acquire more than just the property, there is an optional opportunity to purchase the fully operational business, which has been professionally valued and structured to allow for a seamless continuation of operations.
The business valuation components include:
Goodwill valued at R1,782,000, as calculated by Charteris, with an adjusted value of R1,960,200, reflecting the strength of the brand, customer base, and trading history.
Movable assets valued at R2,118,674, with an adjusted value of R2,330,541, ensuring the business is fully equipped and operational (final valuation currently in preparation).
Stock in trade currently valued at R5,434,875, calculated on aged cost plus VAT. As stock levels and pricing fluctuate daily, the final stock value will be determined and negotiated at time of sale.
The building itself carries a separate valuation of R6,445,750, further underscoring the strength of the property offering, while being competitively priced at R5,500,000.
Buyers may therefore choose between two clear acquisition options:
Purchase the commercial building only for R5,500,000, or
Acquire the entire operation, including the building and business assets, at an agreed total based on the above valuations and the confirmed stock value at date of sale.
This flexible structure makes the opportunity ideal for both investors seeking property ownership and owner-operators looking for a turnkey business solution. Opportunities offering this level of choice, transparency, and value are seldom available.
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
1,129.48m²
Land Size
607m²
STREET MAP
STREET VIEW
