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Ref: 8801370

North End Commercial Property For Sale

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R15,000,000 - North End
Ref #: 8801370
Added: > 6 Months Ago
Type: Commercial Property
Suburb:North End  (in Port Elizabeth)
Price:R 15,000,000 (For Sale)

Property Features

  • 5963
  • 4576
CommercialAndIndustrial for Sale in North End


SOLE MANDATE. The main building can be described as a large, rectangular-shape double/triple storey industrial-type building that is currently being used for a combination of storage and administrative offices, with a large parking garage, offering a total of 80 parking bays. This section could be used in the open market for storage space. The building is currently divided into two distinctive areas, namely the single and double storey office sections, measuring 1387mē in extent and the single storey storage / parking garage section with 36 zones measuring 4576mē in extent. The office section offers a reception area, ablution facilities on each floor, small kitchen facilities on each floor, various sized office, several storerooms, strong room, loading area, wash bay, board room, workshop and recreation area. The large parking garage that is located on the first floor could easily be used as storage space what would be the highest and best use ample public parking is provided to the front of the subject property on Buxton Avenue. The majority of the rooms are divided by means of brick internal walling, with a smaller section divided by drywall partitioning. Access to the upper floor is via a set of concrete stairs located within the structure.

Internal finishes are a combination of vinyl asbestos tiles, carpets, smooth finished concrete and ceramic tiled floors with suspended ceiling s and steel/aluminium window frames. Internal finishes and fittings are slightly dated, however found to be very neat and in an overall well maintained condition. No visible defects have been noted.
Vehicular access to the loading area on the ground floor is provided by means of one industrial roll up door (4.4m x 3.5m), situated to the front of the building and vehicular access to the storage/covered parking area is by means of a concrete ramp with access controlled by means of an automated roll-up door. One steel sliding gate and one manually operated steel gate are used to control vehicular access to the property. In addition, the property offers split unit air-conditioning, a sprinkler system and adequate firefighting equipment that is regularly serviced.
Design of the building is column and beam construction with facebrick infill exterior wall under double-pitched asbestos roof covering.This second building consists of a guard house, with ablutions and storage. The quality of finishes offered by this building is of a standard quality. A small storeroom is located adjacent to the security building (11mē).

Construction comprises facebrick exterior wall under mono pitched asbestos roof and plastered and painted internal walls. The ceilings are rhino board and the floor finishes are a combination of vinyl asbestos tiles and smooth finished concrete floors, with mild steel window frames fitted. The buildings are generally found to be reasonably well maintained. Futher improvements to the subject property consist of a high volume open sided shelter that is located to the front of the security building, measuring 58mē in extent. Parking:The subject property offers ample public parking to the front of the property on Buxton Avenue and a limited number of open on-site parking bays for staff of which 80 bays are covered in the form of the parking garage. Site improvements: The entire yard area is concrete paved and the subject property is furthermore enclosed by means of 2.4m high facebrick boundary walls. An alarm system with armed response and camera surveillance system are also provided. In general, all the buildings and site improvements were found to be well maintained and in a good and functional state of repair.

Enquire About This Property

» Deon Wessels

044 533...044 533 5250Show numbers
076 608...076 608 6038Show numbers
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Please quote the following reference(s) when enquiring about the property

Ref: 8801370
Agency Ref(s):CPLT-2431

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