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R4,200,000

Monthly Rates
R3,200 Excl. VAT

600m² Building For Sale in George South

EXCLUSIVE SOLE MANDATE

“Bridge House Lifestyle”

AN ECLLECTIC COMMERCIAL DESTINATION WITH HUGE POTENTIAL

This magnificent old lady of the street has been lovingly and beautifully restored to her former glory, and has thus been added to the limited list of wonderfully restored period houses in George, and she commands respect of “grandeur” in this neighborhood

This grand commercial property is positioned on a very busy access road, a main arterial route to the Airport from the George Commercial area. Positioned at the ‘Bridge” which has become a landmark, separating the residential area from a recently upgraded commercial node.

Under her roof she supports multiple businesses, allowing the owner to generate multiple income streams. The major area of the building houses the vibrant garden centre, a pretty coffee shop, and an outlet for the antiques and collectables that are beautifully merchandised.This portion can easly be converted into an office area as 6 rooms are available to be used. The remaining portion of about 300m2, houses Bridge House Auctions, where auctions are held twice a month.

One of the major upsides of this property is the availability of parking, both during the week and on the weekend during auction times. Not enough emphasis can be placed on the fact that this property is on a very busy arterial route and would suit any business that requires a position of high visibility

The intention of the owner is to firstly attempt to sell the property, but as this eclectic business collection and income streams are bespoke to this building, one would love to be able to give the buyer, should they wish to continue with the businesses, the opportunity to purchase the stock at a special price.

The same quality attention that was given to the restoration of this property, was given to the establishment of the businesses in the building, and subsequently has attracted an enormous quality and very discerning clientele, that don’t only descend on the property to purchase antiques, but also stop in to enjoy a meal and purchase from the nursery.

As this is very sensitive, and the fact that the businesses are still operating out of this building, a request has been made by the owners not to visit the site without prior permission of the agent mandated to work on this project.

The property is situated on a 998m2 Erf and the improvements on the property amount to about 600m2. The main restored building is about 280m2 and the “auction portion” of the property is about 320m2

THE BRIDGE HOUSE AUCTION BUSINESS HAS SECURED A 3 YEAR LEASE AGREEMENT AND WILL REMAIN TENANTS IN THE BUILDING.

Please contact the agent acting on behalf of the seller as visits will only be conducted by appointment only

Features

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12
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
600m²
Land Size
998m²
Parking Bays
Open Parking Bays
12
Extras
6 Rooms for Offices if required.

George South, George

With its ideal location and temperate climate, George property is popular both from a permanent residence perspective as well as for a holiday home. Owning a house in George means you have a variety of attractions within easy striking distance including the likes of beautiful beaches in the Wilderness, Victoria Bay and the likes of Sedgefield as well as nature trails and scenic mountain hikes in the Tsitsikamma...
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The small city of George on the Garden Route is increasingly perceived not only as a “safe haven” for retirees but also as an excellent choice for families who are semigrating to the Cape from Gauteng, KZN and other...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
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
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

55,503.31

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