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Liquidation auction of industrial property with abattoir

Liquidation auction of industrial property with ab

Lots Closing: 12 Nov 2019 from 10:00 AM ZA

By order of liquidators representing Karoo Natal Abattoir

Liquidation auction of industrial property with abattoir and various improvements, Victoria West, Northern Cape - Erf extent boasting over ±5769m². To be sold separately or together with abattoir equipment

Featuring an industrial property currently being used as an abattoir. It offers a double volume main building with ancillary offices, storerooms, ablutions as well as lairage pens. Further offers a slaughter section with high pressure water points, packaging area and holding freezers. Water is stored in large tanks with capacities up to 30,000 litres. The property is well secured with an alarm and CCTV.

Locality

Located on Richmond Street on the eastern region of Victoria West. Richmond Street is an arterial road that connects with Church Street which is the main road through the town. Victoria West is located in the Northern Cape Province and can be conveniently accessed via the N12 National Highway. The N12 Highway also connects with the N1 National Highway which approximately 130kms southwest of Victoria West.

Auction Notes

Erf 3602 Victoria West, Ubuntu Municipality, Northern Cape
Along Richmond Street, Victoria West (GPS: 31°23'51.0"S 23°07'56.2"E)
Extent: ±5769m²
Sale includes Abattoir Equipment to be sold separately or as 1 lot with the property – The inventory list shall follow soon

Notice To Purchasers

Buyers Premium : 10%
VAT / Tax : Property: Deposit of 10% and buyer's premium of 5% plus VAT
Movable assets: Buyer's premium of 10% plus VAT
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;
R10 000.00 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:   12 Nov 2019 10:00 AM
    Bidding Closes:   12 Nov 2019 10:00 AM

    Asset Location:
    Along Richmond Street, Victoria West, Northern Cape, South Africa

    Viewing Details:
    11 November 2019 from 09:00 to 15:00

 Contact Details
  • Contact:   Eben Oor

    Email:   eben.oor@liquidityservices.com
    Mobile:   +27 (0) 83 316 9094
    Tel:   +27 (0) 21 702 3206

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