Supermarket In Prime KZN Nongoma Location For Sale

Business description

One owner 23yr. Located in center of town in main street 100 meters from main taxi rank. Selling mainly groceries,h/ware and have a furniture section. Has small take away attached to supermarket. Shop size +- 900sq meters and storage space of +- 400 sq meters. Very busy town. Businesses hardly ever change hands here. Expanding potensial - yes - can add a butchery and fruit and veg section.

Property information

Real Estate:

Lease

Lease terms:

Current still 7 yr left but can be extended another 10 years. Lease per month R26056.00 Have leased from same landlord for the past 23yr

Living accommodation:

Can provide accommodation at R1500-00 pm. Located on second floor of premises. Large flat with kitchen,2 bedroom,2bathrooms,dining, lounge,store room,scullary,veranda with braai.

Location:

In center of town in main street. Prime location. Close to 2 large banks. Main taxi rank across the street 100meters from our main entrance.

Premises details:

Shop size +- 900 to 1000sq meters. Store rooms +- 400sq meters. You can easily expand the shop another 300sq meters or more. Shop-fronts is on the main street with parking infront of shop. Receiving on the side of premisses. 30ton trucks can offload with ease. We are located next to a bottle store in the same building. On the premisses is also a spares shop.

Size in square feet:

+- 900 to 1000sq meters

Other information

Expansion potential:

Can expand size of shop. Can add butchery, fruit and veg and bakery

Competition / Market:

Next door to us is Sentra. Have been trading as Sentra for the past 7 years. In town we also have Spar,Pick 'n Pay,Rhino and other privately owned stores

Support & training:

Will work with new oner for one month

Reasons for selling:

Owner immigrate to retire

Trading hours:

08h00 to 17h00 Mon - Fri
08h00 to 14h00 Sat

Financing available:

Need your own financing

Furniture / Fixtures value:

R300,000 (included in the asking price)