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Liquidation Auction Of Industrial Property With Abattoir And Various Improvements, Victoria West, Northern Cape

Live Auction, Started: 12 Nov 2019 12:00 AM PST

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Duly instructed by the liquidators representing Karoo Natal Abattoir CC (In Liquidation). Masters Ref No: E000018/2019
Liquidation auction of industrial property with abattoir and various improvements, Victoria West, Northern Cape - Erf extent boasting over ±5769m². To be sold separately or together with abattoir equipment
Featuring:
General description:
Featuring an industrial property currently being used as an abattoir. It offers a double volume main building with ancillary offices, storerooms, ablutions as well as lairage pens. Further offers a slaughter section with high pressure water points, packaging area and holding freezers. Water is stored in large tanks with capacities up to 30,000 litres. The property is well secured with an alarm and CCTV.

Locality:
Located on Richmond Street on the eastern region of Victoria West. Richmond Street is an arterial road that connects with Church Street which is the main road through the town. Victoria West is located in the Northern Cape Province and can be conveniently accessed via the N12 National Highway. The N12 Highway also connects with the N1 National Highway which approximately 130kms southwest of Victoria West.

For locality of the property, click here

Executive summary:
  • Erf 3602 Victoria West, Ubuntu Municipality, Northern Cape
  • Along Richmond Street, Victoria West (GPS: 31°23'51.0"S 23°07'56.2"E)
  • Extent: ±5769m²
  • Sale includes Abattoir Equipment to be sold separately or as 1 lot with the property – The inventory list shall follow soon

  • To view the slide show of the equipment on auction, CLICK HERE


    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: 10%   
  • Property: Deposit of 10% and buyer's premium of 5% plus VAT immediately after the sale, balance of the purchase price on registration of transfer.
  • Movable assets: Buyer's premium of 10% plus VAT immediately after the sale

    VAT/Tax: 15%
    Inspection details: 11 November 2019 from 09:00 to 15:00
    Payment type: Wire Transfer
    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 property 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;
    • R10 000.00 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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    Downloadable Documents
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    Event Information
    Location:
  • Along Richmond Street, Victoria West, Northern Cape, South Africa
  • 31°23'51.0"S 23°07'56.2"E
    Started: 12 Nov 2019 12:00 AM PST

  • Contact Details
    Contact: Eben Oor
    Telephone: +27 (0)83 316 9094
    Telephone 2: +27 (0)21 702 3206
    Shipping Information
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