R8,995,000

Business for sale in Braelyn

26 Magnolia St
3,200m²
3,940m²
Reduced
Central Located Easily Accessible 2 Storey Warehouse With Offices - 2 In One

This property is centrally located in a light industrial area of North End in East London, adjacent to

the East London CBD and Braelyn and in close proximity to all basic amenities.

The property has 2 main entrances from Magnolia Street and is uniquely designed.

Effectively 2 warehouses, with benefits, in one!

The bottom floor has its own entrance, considerable office space, boardroom, ablution and kitchen area. Considered the 'ground floor' it boasts 1280sqm of undercover warehouse space.

The top floor has been used as an auction house, with offices, reception areas, boardrooms and warehouse space of approx 1920 sqm.

A long-term lase of R140k per month for the top floor is on offer

should the purchaser wish to retain current occupant.

Upstairs and downstairs are linked by a slopped drive way and back yard which can be shared or easily separated.

The back yard is approx 710sqm.

There is also a front yard of approx 540sqm.

Give me a call to discuss the finer detail about what is on offer.

Property Type
Business
Stand Size
3,940m²
Building Size
3,200m²
Rates & Taxes
R20,511
Reference
2261960
Grade
B
Address
26 Magnolia St
Property history
Listed for sale at R9,950,000
26 Jun 2024
Price reduced by 9.6% to R8,995,000
04 Oct 2024
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