AUCT-001971 | On Auction

Commercial Mixed-Use Property In Empangeni CBD

20 Tanner Road, Empangeni, King Cetshwayo District Municipality, KwaZulu-Natal

Commercial Mixed-Use Property In Empangeni CBD. 20 Tanner Road, Empangeni Rail

Site Extent: ± 1 766 m² | Yard Area: ± 550 m² | GBA: ± 1 570 m² | Excellent exposure at the entrance of Empangeni CBD | Adjacent to SAPS Police Station & Opposite CASH BUILD | Sold vacant occupation | Perfect for retail supermarket (± 680 m² with 250 AMPS Power supply)



This mixed-use property is positioned at the entrance of Empangeni CBD, a town that is growing at a rapid speed. The property has potential to be occupied by an end user or by various tenants due to the current configuration and various access points. The property was occupied by a butchery from the 1960’s, with the last butcher being the famous “Biltong & Braai” store in Empangeni. With ample ground floor space this property would be perfect for a retailer.

The property comprises 250 AMPS power supply.

The ground floor spans approximately ± 680.80m². The retail section at the front consists of high glass windows exposed to the busy Tanner Road. At the rear of the ground floor, the property consists of cold rooms, freezer rooms and chill rooms which have been de-commissioned and are not in working order. There are various movable assets that are scattered within the ground floor such as shelves, scales, desks, chairs, steel tables which do not form part of the sale and are specifically excluded from the sale of the property. However, the 1 x upright refrigerator, 2 x display refrigerator counters, 1 x long deep freezer, cashier counter and 2 till points with server will form part of the sale of the property. All other movable assets are excluded from the sale. The ground floor and basement level are serviced by a 2-ton good hoist, which needs to be serviced.

The basement level of approximately ± 474.38 m² is accessed internally via a steel staircase, via the goods hoist or with access via a roller shutter door from the rear yard area. It comprises of aa large open plan area with ample staff change rooms and ablution facilities. The basement also comprises of 5 cold rooms that have been de-commissioned as well as an office.

The first-floor administration section (approximately ± 415.01 m²) is accessed directly off Tanner Road. CCTV cameras and an intercom ensures security is controlled for accessibility into the administration section. The admin section can accommodate 3 separate tenants due to the layout. There are 3 office sections each comprising of open plan and individual offices. All offices are further supported by built in cupboards, store rooms, server rooms, kitchen and ablution facilities. Majority of the offices have air-conditioners which are in working order.

At the rear of the property there is approximately ± 550 m² of yard area, ideal for parking or for offloading and loading. This yard are can be accessed from the R102 Main Road or from Tanner Road.

This property boasts a convenient and prominent location within the town of Empangeni. Empangeni itself is situated approximately 150 km north of Durban and about 16 km from Richards Bay, a major harbor town known for its deep natural harbor and the largest coal export facility in the world.

Empangeni can be described as a commercial / industrial hub, with other businesses such as Toyota, Buco, Distell Distributers, Coastal Farmers, and several engineering companies.

Empangeni is easily reached via the N2 National Road by taking the Richards Bay/Empangeni exit, which connects to the John Ross Highway. Positioned at the entrance of Empangeni's Central Business District (CBD), the property enjoys high visibility and exposure due to its frontage on Tanner Road, a bustling street. This road serves as a primary thoroughfare in the area and provides easy access to the property. Alternate access can be obtained off the R102 Main Road at the rear via a slip-off driveway.
The property is positioned adjacent to SAPS and opposite Cash Build which is a well-known retail chain, further enhancing the area's commercial appeal.

Most modern-day amenities and facilities surround the property’s location.

Commercial Type:
Mixed use Commercial
Web Reference:
AUCT-001971
List price:
POA
Address:
20 Tanner Road, Empangeni, King Cetshwayo District Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe Country Club Estate
Mount Edgecombe
KwaZulu Natal
Auction Date:
25 July 2023 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 25 July 2023 11:00:00am


Virend Deonarain
                                                         In2assets Representative

Property Agent


Virend Deonarain
Show number
vdeonarain@in2assets.com


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