Liquidation Auction Of 2 Industrial Buildings In Uraniaville, North West#353

Live Auction, Started: 10 Apr 2019 1:00 AM PDT

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Duly instructed by the liquidators representing Stand 185 Uraniaville CC (In Liquidation). Masters Ref No: T3464/17

Liquidation auction of 2 industrial buildings in Uraniaville, North West#353- Boasting an extent of ±7479m² and offering offices and storerooms

Featuring:

General Description
Featuring two industrial buildings, the western border offers a double volume rigid steel frame structure, IBR covered roof and brick walls which have been divided into 5 sections by means of a brick build wall. Each section measures ±190m² and consists of their own administration office and toilets of some ±30m². The building on the eastern border offers a double volume rigid steel frame structure, IBR covered roof and brick walls. Offering open space with a small mezzanine storage area. Also attached is an administration building and double volume store room.
Other improvements include a guard house, IBR covered carports and staff changing / ablution facility with IBR lean-to (canopy).
Estimated GLA: ±1729m²

Locality
Uraniaville is a fairly well established industrial node situated some 6km west of Klerksdorp CBD. Access to the area is gained via the N12 Highway. The surrounding properties comprise of similar industrial developments with a few vacant stands available for development
For locality of the property, CLICK HERE

Executive Summary

Erf 185 Uraniaville, City Of Matlosana, North West Province

3 Electron Road, Uraniaville

±7479m²

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Auction notes:

Please note that in order to register to this auction we require; proof of payment and FICA documentation.

Notice to purchasers:

Buyers premium: 5% Deposit of 10% and buyer's premium of 5% plus VAT immediately after the sale, balance of the purchase price on registration of transfer.
VAT/Tax: 15%
Inspection details: Please contact Pieter Rushmer
Payment type: Wire Transfer,

Payment date: 11 April 2019

Additional notes: This auction is governed by the Consumer Protection Act – Act 68 of 2008 (South Africa), and further reference to the Act and the regulations can be downloaded here.
Consumer Protection Act 68 of 2008
Consumer Protection Act 68 of 2008 - Regulations

The Bidders attention is drawn to the following:

The Rules of Auction can be found under the downloadable documents tab
The property will be sold “Voetstoots” and on “AS IS – WHERE IS” condition. It is the buyer’s responsibility to perform an inspection of the assets prior to the auction.
The Sale of the property is non-suspensive and not subject to any feasibility or any other condition required by the buyer.

The Sale by auction is subject to

A reserve or upset price
All prospective bidders must register prior to the auction and such registration requires proof of identity and residence (FICA) as contemplated in regulation 26;
A refundable deposit may be payable by a bank guaranteed cheque or Electronic Fund Transfer (EFT). Kindly provide proof of deposit.
The auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of third parties
The Auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of seller but, if on behalf of the seller, not at or in excess of the reserve price

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Currency: South Africa Rand
Auctioneer: GoIndustry DoveBid S.A. (Pty) Ltd.

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