| History Background |
| Fully describe the business's activities? | This is an investment held in a prime commercial property situated in Benoni on the East Rand. There is high traffic and excellent exposure for businesses. The zoning is Special for Office use. The land is 4457sm in extent and has improvements of GLA approximately 1000sm. The offices are currently 100% let. The purchaser will have no problems in letting out the balance due to the prime situation of this property. Adequate covered (shadenet) carports amounting to 64 bays is available. | |
| What steps are in place to solve "load shedding" problems? | None | |
| What is the average KW usage? | Unknown | |
| Financial |
| Is the business VAT Registered? | Yes. Seller is a VAT Vendor | |
| Is Seller finance available and for what amount? | No seller finance is available | |
| Premises |
| When does the current lease end? | Currently all leases expire over various dates in 2010 | |
| Is there an option of renewal & what period? | Yes, renewal options are in place | |
| What is the annual escalation %? | 10% | |
| What is the square meterage of the business? | 1000sm | |
| Is a copy of the lease available? | Yes, leases are available | |
| Assets |
| What is their overall condition? | Excellent | |
| S.W.O.T. Analysis |
| Strengths? | Absolute prime location situated virtually opposite a shopping centre with Pick and Pay as anchor tenant. Also close to N12, airport, East Rand and Lakeside Mall. Ideal opportunity for the investor or a company wishing to relocate and amalgamate its headquarters/operation. Can also be easily converted to office suites with central enquiries, copy centre, etc | |
| Weaknesses? | None perceived | |
| Opportunities? | Capital and investment growth. Ideal for accountants, architects, engineers, legal practioners, medical and professionals. | |
| Threats? | None | |
| Conclusion |
| Why is this a good business? | Position Position Position and excellent investment opportunity. | |