028C - 3 Fulham Avenue, Hyde Park, Weltevreden Valley

BIDDING STARTS AT

2025-08-27 07:00

Auction Ends: 2025-08-28 12:30

OPENING BID

1 ZAR

 

Property & Total Energies Fuel Station Business

 

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

 

ONLINE AUCTION

Bidding Start Time: Wednesday 27 August 2025 @ 09:00

Bidding End Time: Thursday 28 August 2025 @ 14:30

Registration is essential by Monday 25 August 2025.

Pre-Auction Offers may be considered.  Auction Finance Available.

For more information, please contact the listing agent.

 

DESCRIPTION:

Perfectly positioned corner property with long time established Total Energies petrol station business on busy Hazeldene Road.

 

  • Large 2511m² erf with the possibility of a drive though or fast-food outlet
  • Possible rental opportunities by dividing shop area
  • Forecourt shop income can be made more profitable
  • Spacious workshop can be let out or run tyre & mechanical workshop
  • Carwash business can be improved
  • Currently has 5 tanks
  • 4 Tanks - 3 Petrol and 1 diesel tank
  • Supply agreement with 3 years left - giving you possibility to rebrand and have a choice of supplier in 3 years
  • Currently doing average of ±155,000 litres p/m
  • Was doing well over ±200,000 litres p/m prior to covid
  • With a little TLC the literage can be increased higher than ±220,000 litres per month
  • Property municipal value is at ±R14.5 mil and market value at ±R17mil

 

Property will be sold together with the going concern fuel station business - The business sale will be zero vat rated.

 

  • Pre-Auction offers excl. Claremart fee will be considered.
  • NDA to be signed before sensitive or financial information is released.

 

DETAILS:

  • Erf no:  2659, Weltevreden Valley
  • Erf size:  2511m²
  • Rates:  ±R19,207.40 per month
  • Zoning:  General Business 1

 

Web Ref:  753368

 

VAT Applicable

 

PAYMENT TERMS:

2.5% Deposit & 10% Auctioneers Fee (excl. VAT on fee), payable on the fall of the hammer by means of EFT only.  Balance payable on Transfer.

 

Sanjeev Boyjoonauth | 066 054 2211 | 021 425 8822 | sanjeev@claremart.com


CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: info@claremart.co.za

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