Sole Mandate. This is a trading going concern and can be sold as zero rated. It's a Commercial Engineering Business which specializes in high pressure vessel heat exchangers & steel fabrication. This includes the land & workshops and buildings, as well as the existing, established client base. The Vendor numbers with the 6 major big companies in Zululand is included as part of the goodwill. Furthermore, there is multiple heavy fabrication equipment. It's the only local company that can cut 16 mm thick mild steel in 3 m wide lengths, and has a 12 mm x 3 m wide hydraulic brake press. Further equipment includes 2 x Rasmussen winding machines, 3 x drill presses, 2 x lathes, various folding & cutting machines, 2 x huge heavy duty hydraulic presses, a 5-ton forklift, 3 x heavy duty industrial
saws, 2 x form rolling machines, a small crane, including 3 phase power etc. There are two nice offices, a boardroom & reception. Also, CCTV security, alarm. Selling price excludes VAT.
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