Wholesale Fuel Site – Business Rescue Disposal

30th Mar 2021

21st Apr 2021

12:00 pm To 12:00 pm

4 Amsterdam Street, Horizon View, Roodepoort, South Africa

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Event Description

Wholesale Fuel Site – Business Rescue Disposal

 

Wholesale fuel site located in Horizon View on auction at instruction of business rescue practitioners

 

Wholesale fuel depot located in Horizon View and utilised by the local taxi association has been placed on auction at the instruction of the business rescue practitioners.

The site consist of an extent of 2 355m2 with improvements of approx 895m2 consisting of Forecourt 727m2 and Office and Spares Room of 156m2. There are 14 installed and operating pump islands.

Zoning on the site is business 3.

Rates and taxes approx R15 000 per month; Municipal valuation approx R3.7m

Highest volume pumped per month when operating amounted to  425 000 litres per month (Oct 2018)

The reason for sale is that there was an irreparable breakdown in the relationship between the operator and taxi association which led to the business rescue of the operator.

The sale is for the site and property only. Any engagements with the taxi association (if required by purchaser) would be for the responsibility of the buyer.

Additional information is available for interested, serious investors.

 

 

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