AUCT-002132 | On Auction

Retail Owned & Operated High Volume Service Station

Until Our Next Auction

2024-02-15 11:00:00
Retail Owned & Operated High Volume Service Station

Retail Owned & Operated High Volume Service Station. 9-11 Industrial Road, Phoenix Industrial Park, Phoenix, Durban

Extent: ± 3 494 m² | Roughly 700 000 litres sold every month | High volume sales in the Spar Express Store | Spar Pharmacy and other tenants | Site and Retail Operations for sale together

Phoenix Industrial, KwaZulu-Natal


We are pleased to present an exclusive opportunity to acquire a state-of-the-art Shell Service Station, boasting an impressive high sales volume of approximately 700,000 litres per month. This exceptional property, situated in a high traffic area, is not only retail-owned but also retail-operated, offering a unique opportunity.
With a monthly fuel volume of around 700,000 litres and a Spar Express also with high volumes, this Shell Service Station stands out as a lucrative investment, showcasing consistent and robust sales.

One of the key differentiators of this service station is its unique retail ownership and operation structure. Unlike conventional properties, this establishment is not merely a passive investment whereby the landlord collects rent from the operator; it's a strategic venture where the owners are intimately connected with the day-to-day operations. The synergy between ownership and operation creates a dynamic environment with better returns.

Beyond the impressive sales volumes, this property accommodates various other tenants, enhancing the overall commercial viability and attractiveness of the location.

For a more detailed view of the site please download our comprehensive bidders pack.
Commercial Type:
Industrial Property
Web Reference:
AUCT-002132
List price:
POA
Address:
9 - 11 Industrial Road, Phoenix Industrial, eThekwini Metropolitan Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
15 February 2024 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

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Luke Hearn
                                        In2assets Representative

Luke Hearn

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lukeh@in2assets.com

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