Excellent business opportunity in Swakopmund, Namibia

N$1,750,000
Property Details

Well known established butchery in Swakopmund !

The opportunity to acquire a commercial property in beautiful Swakopmund, with existing rental income has become available!

The existing business (running concern) on this commercial property is a well - known and established retail/wholesale butchery with various income streams, and is also up for sale combined with the fixed property.

A.The building for sale forms part of a sectional title complex and comprises of:

* The ground floor with the retail section where the public is served and products are sold, a meat processing room, a kitchen and a toilet facility.

* The first floor with an office, dry room for biltong, chilli bites etc, and a kitchen where the baking of pies and rusks take place.

* The total floor space = 155 m2

* The building is registered in a CC, therefore no transfer costs.

B.The business (running concern) comprises of:

* Equipment to the value of +- N$ 300 000.

* Approved vendors to whom Erongo Meat & Fish supplies biltong, chilli bites, dry sausage, pork crackling, sausage rolls and other pies, rusks and other wholesale products on a permanent and ongoing basis. These vendors includes about 10 retail outlets including supermarkets and 24 hour garage convenience stores.

* The retail butchery selling meat and a variety of meat products directly to the public.

* The retail Fish outlet, buying fresh fish directly from fishermen and fish factories, processing it, and selling good quality fish products directly to the public.

* Other smaller income streams including the selling of purified water, airtime, snacks and cold drinks, as well as some take away meals (hamburgers, hotdogs, meatballs, fishcakes, etc.)

* The business is operating as a “Trading as” (Sole Proprietorship)

Option one:

Buy the building as an investment and earn steady rental income from the butchery business. The valuation recently was N$ 1 780 000 for the building only.

Selling Price ONLY N$ 1 750 000.

Option two:

Buy the building AS WELL AS the business.

Selling Price ONLY N$ 2 150 000

This is an excellent opportunity to relocate to Swakopmund, Namibia.

For more information or to arrange for a viewing, phone Braam Schutte +264 81 3862 567

Property Features
Property Type
Business
Building Size
155m²
Location
Make an enquiry
Interested in this property? Please fill in your details below, and we will contact you as soon as possible.
By clicking on "submit" you agree to our privacy policy
Property Alerts
Receive email alerts for properties matching your criteria.