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Online auction of liquidated commercial and retail property in krugersdorp

Online auction of liquidated commercial and retail

Lots Closing: 03 Dec 2019 from 02:00 PM ZA

By order of The Liquidators representing Lodimix

Online liquidation auction of commercial/retail property, Krugersdorp, Gauteng - Comprising of offices and warehouse and boasting an extent of ±627m²

Offering a double storey office and warehouse building with other improvements. The property boasts ample building parking, well secured with perimeter walling and sliding gate.

Locality

Located within the older CBD of Krugersdorp along Monument Street.The property has good exposure along a busy road and convenient access to major highways and main roads.

Executive Summary

Portion 117 of Farm Luipaardsvlei No 246, Mogale City Municipality, Gauteng Province
04 Monument Street, Krugersdorp
Extent: ±627m²
Business 1

Auction Notes

Please note that in order to register to this auction we require; R10 000.00 proof of payment and FICA documentation.

Notice To Purchasers

Buyers Premium : 5% Deposit of 10% and buyer's premium of 5% (Plus VAT on the buyers premium) upon receipt of the invoice at the close of the auction, balance of the purchase price on registration of transfer
VAT / Tax : 15%
Payment Date : 4 December 2019
Payment Type : Wire Transfer

Additional Notes

This auction is governed by the Consumer Protection Act – Act 68 of 2008 (South Africa), and further reference to the Act and the regulations can be downloaded here.
Consumer Protection Act 68 of 2008
Consumer Protection Act 68 of 2008 - Regulations

The Bidders Attention Is Drawn To The Following

The Rules of Auction can be found under the downloadable documents tab
The property will be sold “Voetstoots” and on “AS IS – WHERE IS” condition. It is the buyer’s responsibility to perform an inspection of the property prior to the auction.
The Sale of the property is non-suspensive and not subject to any feasibility or any other condition required by the buyer.

Sale / Auction Is Subject To

A reserve or upset price
All prospective bidders must register prior to the auction and such registration requires proof of identity and residence (FICA) as contemplated in regulation 26;
A refundable deposit may be payable by a bank guaranteed cheque or Electronic Fund Transfer (EFT). Kindly provide proof of deposit.
The auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of third parties
The Auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of seller but, if on behalf of the seller, not at or in excess of the reserve price

 Event Details
  • Bidding Opens:   22 Nov 2019 02:00 PM
    Bidding Closes:   03 Dec 2019 02:00 PM

    Asset Location:
    04 Monument Street, Krugersdorp, Gauteng

    Viewing Details:
    Please contact Pieter Rushmer

 Contact Details
  • Contact:   Pieter Rushmer

    Email:   pieter.rushmer@liquidityservices.com
    Mobile:   +27 (0) 83 710 7005
    Tel:   +27 (0) 21 702 3206

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