When does the current lease end?
To be advised.
Is there an option of renewal & what period?
A new contract will be negotiated with the franchisor and are usually of a continues nature.
What is the annual escalation %?
A new contract will be negotiated with the franchisor and an escalation will be discussed.
What are the trading hours?
This fuel station is open 24/7.
What is the square meters of the business?
The premises are huge, but will enquire as to the actual square meterage.
Is a copy of the lease available?
Yes, a copy of the lease is available.
Do you require a licence?
A retail license is required from the Department of Mineral and Energy Affairs.
a site license from your local municipality will be in place as this is an existing site.
What lease deposit and/or other surety is required?
A fuel delivery guarantee is required which which can be done via short-term insurance.