Fully describe the businesses activities
The business comprises 2, 9 hectares of land close to Nelspruit with 8 light industrial units on. There are 4000 square meters with light industrial space under roof. There are 6 of the 8 light industrial units which are currently occupied with tenants who have written contractual leases respectively between 1 and 2 years. The owners minimum lease agreements are for 2 years. The property runs off Eskom power and has borehole water continuously on standby with 30, 000 liters. There is 3 phase electricity available on most of the units
What zoning is the property
The property is zoned Agricultural with business rights. The monthly rates currently are R500,00 pm. The power is supplied by Eskom and the tenants pay for their own electricity with pay as you go electricity which they buy from the owner of the property who purchases it from Eskom. There is 1000kva transformer on site. Besides the improvements on the property there is 1000 sqm which is undeveloped and can be developed on. There are plans for the property .There is on file an aerial photograph available for perusal by a qualified buyer.