On Auction 16 October - Leasehold Engen Filling Station (Property Lease and Business)

A rare opportunity in the heart of Cosmo City, Roodepoort, Johannesburg.

Strategically positioned on the corner of S Africa Drive and Central African Republic Avenue in Cosmo City. The filling station site forms part of Cosmo City Shopping Centre and has been ring fenced under a long-term land lease agreement.

The leasehold property as well as the business operation for the filling station is being sold on auction.

The site pumps volumes around 400,000L per month on average and enjoys a successful business operation.

There is currently an initial period of 25years for the land lease over the property as well as 2 x 5year renewal options.

The Oil Co provides a long-term triple net lease with an initial period of 10 years with 2 x 5year renewal options.

With its prime location, established customer base, strong potential for growth, this investment promises high returns.

Call now to register your interest. Read more...