Service Station For Sale in Verulam Central

R39,000,000

Web Ref No CLA110

Ref J.L.R. 140 / A – Sale of Freehold Service Station.

This privately owned Freehold Service Station is situated in a Residential area north of Durban (Phoenix/Verulam) The Site pumps +- 150.000lpm. The combined Shop Sales are +- R 1.0mil pm. Other Tenants on site collectively pay +- R325.000 pm to the Seller. The average Nett Profit is +- R 450.000.00pm. The Selling price for the “Entire Entity “is R 39.0 million plus stock etc. The TOTAL Funding Requirement needed to acquire this Freehold Service Station is +- R 41.7mil of which you must have at least +- R 21.0 mil CASH readily available and be able to Raise Finance for the balance of +- R 20.7 mil. as will be required by the Seller, the Oil Company as well as most Financial Institutions. Please note the following: - NO details, information, documentation, or site location will be provided unless you meet the above requirements.