Listing ID: GP202
Sold by Cyrus Brokers - Petrol Station Property Incl
Sold by Cyrus Business Brokers. Commercial building with Petrol Station, workshops & other shops – stand size 2495m2. East rand Boksburg. The auction is taking place on Tuesday 17 April 2018 @ 11:00. TERMS : 10% Deposit + 10% Buyers commission + VAT on commission, Payable immediately on the fall of The hammer. 45 Days for Guarantees on Acceptance of the offer by the Seller. CONFIRMATION : Within 7 Days from date of Auction. The local authority in which the properties are situated is EKURHULENI MUNICIPALITY. According to the permitted zoning scheme the property is zoned as: COMMERCIAL PUBLIC GARAGE. AUCTIONEERS NOTE: Immovable property for sale on auction only. Buyer to apply for further or continuous operation of fuel station with any or same Fuel company. VIEWING Strictly 1 hour before the auction! This Petrol Station comprises of the following, Section A, Changing Room, Waiter Room, 1 x Workshop,Generator Room, Cashier Room, 1 x Storeroom, La Viva Restaurant, 2 x Public Toilets. Section B, 1 x Workshop with Toilet and Shower, Workshop with Reception / Waiting Area, 1 x Office, Outside Toilet, Kitchen with Toilet and Wash Basin, 1 x Small Storeroom.Total Stand Size: 2495m². Current Rental Income = ±R25 000.00 pm.
Interested in this Business
NO information financial or otherwise on any of our listings will be made available to prospective buyers unless they fully comply with the following;
- Cyrus Business & Property Brokers mandated with the sale of this opportunity was specifically requested by the Seller not to divulge any information pertaining to what is being sold under this listing prior to obtaining proof of funds from your financial institution (bank), auditor or lawyer;
- Due to the popularity of this listing, the overwhelming responses and daily avalanche of emails and voice messages thereto, you will be required to register as a buyer, complete our Non Disclosure Agreement and provide us with “proof of funds” from your bank or financial institution for you to be privy to any information financial or otherwise;
- Upon receipt of your Non-Disclosure Agreement and proof of funds, you must be prepared to visit us, we want to meet you in person, where after all information will be conveyed without delay.
All information has been provided by the seller and needs to be re-verified by the seller. Cyrus Business & Property Broker makes no representation to its accuracy and does not certify or make any warranties of any of the information provided and have not verified any information. It is strongly advised that you and/or your accountant review all information and do your due diligence before the closing. Information is subject to change without notice.
Commission For Business Broker-Agent-Consultant-Adviser-Agency-Auditor In South Africa
The Estate Agency Affairs Board (the EAAB). In accordance with Section 34 A of the Estate Agency Affairs Act 112 of 1976. Section 1(vi) provides that,
“…any person who for the acquisition of gain on his own account or in partnership, in any manner holds himself out as a person who, or directly or indirectly advertises that he, on the instructions of or on behalf of any other person sells……or publicly exhibits for sale…….any business undertaking or negotiates in connection therewith or canvasses or undertakes or offers to canvass a seller or purchaser therefore;…”
This implies that anyone who practices as a business broker-agent-consultant-adviser-agency-auditor in South Africa who is not in possession of a valid Fidelity Fund Certificate, disqualify from claiming any commission, consulting fee or referral fee on the relevant dealings if he/she/they do not hold a valid Fidelity Fund Certificate. Nobody is entitled to any commission, consulting fee or referral fee unless he/she/they hold a valid Fidelity Fund Certificate. Failing they are operating fraudulent and illegal.
We urge all business buyers and sellers to substantiate that the business broker-agent-consultant-advisor-agency-auditor you’re addressing, is in possession of a valid Fidelity Fund Certificate. Failure, therefore, could prove to be very costly!
If there is any doubt as to whether or not a business broker-agent-consultant-advisor-agency-auditor is registered or has been issued with a valid fidelity fund certificate, business buyers and sellers should not hesitate to contact the Estate Agency Affairs Board or your Attorney to confirm and verify the registration status of the business broker-agent-consultant-advisor-agency.
It is very important that business sellers ask for proof of the business broker-agent-consultant-advisor-agency-auditor fidelity fund certificate before offering him/her/them with a mandate or any info on a business which may imply a mandate.
All business buyers and sellers will have to properly account to SARS for any fees; and provide SARS with proof that the business broker-agent-consultant-adviser-agency they paid the commission, consulting fee or referral fee too, had a valid Fidelity Fund Certificate. Once more failure to do so could prove to be very costly!
If unsure please feel free to speak to your attorney or visit the Estate Agency Affairs Board website for more details. https://www.eaab.org.za/