AUCT-002295 | On Auction

Prominent Retail Building Bethlehem Free State

32B Louw Street, Bethlehem, Thabo Mofutsanyana District Municipality, Free State

PORTFOLIO DISPOSAL: CBD Retail Building. 32B Louw Street, Bethlehem CBD (known as Alpha Arcade), Free State

Erf Size: ± 900 m² | GBA: ± 776 m² | Monthly Income: ± R 17 307 ex vat - occupied by 3 tenants


Well-known Retail Building with seven shops in the CBD of Bethlehem

In2assets presents an unparalleled opportunity to acquire a high-grade commercial retail building in pristine condition, strategically located in the heart of Bethlehem a vibrant and well known Freestate 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 Louw Street.

Retail Excellence:
The one-story Building offers seven retail outlets over a footprint of +- 900m2.

Abundant Parking:
There is abundance parking for shop dwellers along and opposite the building.

Building Structure:
The building consists of a one storey brick and motar structure. The building style with touches of art décor
fits well into the diversity of historical and modern building structures within the CBD of Bethlehem.

Occupation:
The property is currently 70% occupied, and lease details can be found in the property brochure, available directly from this page or via email auctions@In2assets.com

Conclusion:
This exceptional 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-002295
List price:
POA
Address:
32B 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

60

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HOURS

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MINUTES

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SECONDS


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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