· Erf Size: 11,397m²
· Zoning: Industrial 1
· Warehouse: 1,051m²
· Separate 356 m² main office building
· 23 liquid-storage tanks totalling 1,783,535 litres in nominal capacity
· Three bowser pumps with dispensing infrastructure
· Regeneration and drum-reconditioning plant
· Walled tank compound with gated access
· Extensive Bosworth Street frontage
· Road connections to the R59, N3 and N12
Auction Terms and Buyer Information:
• Buyer Costs: 16.5% payable on auction day (10% commission + VAT on commission + 5% deposit towards purchase price).
• Registration Fee: R50,000 (live/venue bidders) | R100,000 (telephonic/online bidders).
All bids constitute a legally binding offer, and the highest bidder is required to sign the Auction Sale Agreement immediately upon the fall of the hammer; failure or refusal to sign constitutes a breach and results in forfeiture of the registration deposit. The sale is subject to a reserve price unless otherwise stated. The property is sold voetstoots, as-is with no warranties or guarantees, and all bidders must provide valid FICA documentation prior to registration.