490m² Business For Sale in Reservoir Hills
R4,500,000
Web Ref
IPC452
Monthly Rates
R7,033
Prime business property in Reservoir Hills for sale!
This property has been a popular tote, which was operating as Marshalls World of Sports Betting Tattersall for almost 20 years.
The property has great exposure and is positioned within a mixed-use node. The driveway and parking area is fully tarred and has 28 marked parking bays of which 12 are covered. The property comprises of a part double storey and part upper floor building which consists of open plan and individual areas, most of which are partitioned by drywalls. These areas include the horse betting areas with supporting counters, the bar and gambling machine area and the sports betting areas. The betting areas are further supported by offices, male and female ablutions, store rooms and a kitchenette.
There are various air conditioners spread throughout the betting areas. The upper floor further comprises of a covered deck which overlooks the parking areas. The property has a basement office which can be accessed from the rear.
It should be noted that all of the movable items within the property which include furniture, appliances, equipment and machinery as well as CCTV cameras, alarms system, other security features and the generator do not form part of the sale of the property.
The property is sold with the option to include the gambling and liquor licenses. As per the Title Deed Portion 4 of Erf 403 Reservoir Hills, Portion 5 of Erf 403 Reservoir Hills and Portion 1 of Erf 403 Reservoir Hills shall not be alienated, transferred, leased, mortgaged or otherwise dealt with the one separate from the other.
The property has great exposure and is positioned within a mixed-use node. The driveway and parking area is fully tarred and has 28 marked parking bays of which 12 are covered. The property comprises of a part double storey and part upper floor building which consists of open plan and individual areas, most of which are partitioned by drywalls. These areas include the horse betting areas with supporting counters, the bar and gambling machine area and the sports betting areas. The betting areas are further supported by offices, male and female ablutions, store rooms and a kitchenette.
There are various air conditioners spread throughout the betting areas. The upper floor further comprises of a covered deck which overlooks the parking areas. The property has a basement office which can be accessed from the rear.
It should be noted that all of the movable items within the property which include furniture, appliances, equipment and machinery as well as CCTV cameras, alarms system, other security features and the generator do not form part of the sale of the property.
The property is sold with the option to include the gambling and liquor licenses. As per the Title Deed Portion 4 of Erf 403 Reservoir Hills, Portion 5 of Erf 403 Reservoir Hills and Portion 1 of Erf 403 Reservoir Hills shall not be alienated, transferred, leased, mortgaged or otherwise dealt with the one separate from the other.
Features
Zoning
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
No
Parking Bays
Open Parkings
16
Covered Parkings
12
Sizes
Floor Size
490m²
Land Size
490m²
Reservoir Hills, Durban
Defined by continued growth, Durban’s commercial and industrial property market has flourished as new businesses both small and medium, and big blue chip companies enter the area to take advantage of favourable rentals that are affordable, central, modern and well-sized. The region comprises of Umhlanga Rocks in the North, Hammarsdale and Cato Ridge in the west and Amanzimtoti in the south. Examples of suburbs...
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