CBD Retail Shop

AUCT-000682 | On Auction

90 Dr Pixley Kaseme Street, Durban, KwaZulu Natal


CBD Retail Shop, Section 1 Kenton, 90 Dr Pixley Kaseme (West) Street, Durban CBD

OWNER EMIGRATING

± 98 m² | Retail shop | Open plan shop with good height | Immediate occupation

Location

This property is situated towards the coastal periphery of the Durban CBD and enjoys a strong position for pedestrian trade. Dr Pixley Kaseme (West) Street is a busy arterial which links Durban’s Central Beach precinct to the eastern fringes of Durban’s central business district. The property is within walking distance to the Durban ICC and enjoys very high vehicular and pedestrian exposure.

The neighbourhood within the immediate vicinity of the subject property comprises mostly service industrial, multi-level warehousing, residential block of flats, hotels, retail space and is the vehicle sales hub of the CBD. The property is also close to the Hilton Hotel, the Kingsmead Cricket grounds and the Kingsmead Office Park.

The Victoria Embankment and the Durban Harbour are easily accessible; as are the M4 and N3 Freeways. This node has enjoyed improved cleanliness and upgraded security which have stimulated new investment by property funds who have injected capital into urban regeneration projects in the area.

Accommodation Details

The property is a single level retail shop. The shop is fully tiled and had a very good floor to ceiling clearance (Approx. 4.5m). There is a single ablution and kitchenette at the rear of the shop. There is a single exit door leading to a rear alleyway servicing the tenants alone. The front of the shop is a large glass frontage and faces Pixley Kaseme (West) Street and is secured with burglar guards.

The property is immediately available for occupation and sold without tenancies.

To participate in this physical auction each bidder has to follow the registration procedures.

Commercial Type:
Retail Space
Web Reference:
AUCT-000682
List price:
POA
Address:
90 Dr Pixley Kaseme Street, Durban, KwaZulu Natal
Property Extent:
98 m2
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
20 June 2018 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required.
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Auction Date: 20 June 2018 11:00 am

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