AUCT-002294 | SOLD

Iconic Retail Building, Bethlehem, Free State

Corner of Church & Louw Street, Bethlehem, Thabo Mofutsanyana District Municipality, Free State

PORTFOLIO DISPOSAL: Iconic Corner Building With 4 Retail Outlets. Corner of Church & Louw Street, Bethlehem CBD, Free State

Erf size: ± 653 m² | GLA: ± 490 m² | Tenants: Corner Pharmacy + 2 others (1 vacant) | Monthly Rental Income: ± R 25 141.74 (Excl. Vat) | 1 Vacancy - previously ± R5 000 per month (Excl. Vat) | Projected Monthly Rental: ± R30 141.74 (Excl. Vat) p.m | Hosts iconic pharmacy for decades


Prominent Commercial Corner Building with four retail outlets in the Heart of Bethlehem

In2assets presents an unparalleled opportunity to acquire a high-grade prominent positioned commercial retail building, strategically located in the heart of Bethlehem a vibrant and well known Free State town.

Prime Location:
Situated in the bustling shopping precinct of Bethlehem, this property enjoys proximity to major transport routes and is strategically positioned with street frontage onto the busy Roux Street and Church Street and formerly known as The Corner Pharmacy.

Retail Excellence:
Four Retail sections boasting over a footprint of 653m2 offer high exposure to passing foot- and vehicular traffic.

Abundant Parking:
There is abundance parking around, along and opposite the building.

Building Structure:
The building consists of a double volume brick and mortar structure with large shopping front windows facing the road site. The retail area is divided into 4 separate shops.

Occupation:
The property boosts 4 lettable units of which three are occupied, and the smaller unit is currently available for letting.
All lease details can be found in the property brochure, available directly from this page or via email auctions@In2assets.com

Conclusion:
This exceptional and prominent positioned retail building forms part of a property portfolio disposal and is sold together with 4 other Bethlehem retail properties on the 20th of August 2024

Commercial Type:
Commercial Building
Web Reference:
AUCT-002294
Final price:
POA
Address:
Corner of Church & Louw Street, Bethlehem, Thabo Mofutsanyana District Municipality, Free State
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
20 August 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

Bidding opens in


Auction Date: 20 August 2024 11:00:00am


Hein Hattingh
                                                         In2assets Representative

Property Agent


Hein Hattingh
Show number
auctions@in2assets.com


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