2, Solomon Street, Wolseley/Ceres Valley, Western Cape, South Africa
-
Auction
- Lot 1
- South Africa
- Land/Site
- Commercial
Sold for R19 200 000
Property Summary
- This sale is Subject to Confirmation by the Liquidators.
- VV4 Agri is a well known company in the area with lucrative contracts in place.
- The contracts are part of the sale.
- Movable assets are included and the list can be found in the legal tab below.
- The company has big corporate clients.
- The property is approximately 4Ha.
- The packing & storage area is approximately 9,700 sqm.
- With the cold storage area approxamitely 1,980 sqm.
- 3 phase power - 500 KvA
Contact Us
Contact Us
Downloads
Your BidX1 Account
Log in to your BidX1 Account to view the legal documents.
Create New Account
Register for a BidX1 Account to view the legal documents.
Property description
INCOME:
- Crate Hire Agreements:
- 104 Crates @ R2.41 per crate per day (Expires 30/04/2024)
- 800 Crates @ R1.71 per crate per day (Expires 30/04/2024)
- 7,000 Crates @ R2.41 per crate per day (Expires 30/06/2024)
- 2,500 Crates @ R2.41 per crate per day (Expires 30/04/2024)
Total Income on Crate Hire's in March - R735,409.20
- Storage Contracts:
- R12,900 p/m (Expires 31/03/2024)
- R70,000 p/m (Expires 31/12/2024)
- R35,769 p/m (Expires 31/12/2024)
- R6,000 p/m (Expires 31/08/2026)
- R1,000 p/m (Expires 31/06/2026)
- R750,000 p/m (Expires 05/06/2024)
- R850,000 p/y (No Contract)
Total Income on Storage for March - R1,725,669
Total Income for March - R2,461,078.20
- Offices and security room at entrance.
- Store.
- Small packing area with office.
- Isolated palleting area.
- Inspection office.
- Bigger pack area.
- Opperating office.
- 3 offices with kitchen and conference area.
- Cafeteria.
- Mens and womens restrooms.
- Onion and potato pack area.
- Seperate store room/ workshop.
- Seperate Apartment.
Specs on the smaller packing line, included in the movable assets:
- 2 lane EHS weight grader
- 8 + 1 Drops
- 1 Tipper
- 1 Sorting table
- 8 single line packing tables
- 8 Lane Geosort Geefa packing machine with operating system sold seperately
- A 5% deposit and 6% auctioneers fee (plus VAT on fee) is due and payable by the highest bidder once bidding has closed. See Legal tab for Special Conditions.
- Please note: All legal documents can be viewed by clicking on the ‘Legals’ tab above, in order for you to carry out due diligence in relation to the property. By doing so, this will also then ensure that you are continuously updated regarding any pricing changes on the property before the auction
VAT
Helpful links
*Terms & Conditions
No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.
Congratulations!
You're the highest bidder
You will receive an email from our team shortly to outline the next steps.
If you have purchased a property in the UK or Ireland, you'll need to pay the remainder of your deposit via My Account.
You're the highest bidder!
As this sale is subject to confirmation, we will be in touch within the confirmation period to let you know if your bid has been accepted by the vendor.
If you have any questions in the meantime, we're here to help: