Is the business VAT Registered?
Th business is registered for Vat.
What VAT documentation is on file?
Vat documentation is available for approved buyers.
Are there up-to-date Management Accounts available?
Management Accounts will be supplied to approved buyers.
What Balance Sheet and Income Statements are available?
These will be made available to approved buyers.
What is the age analysis of the debtors book?
The Tenants are in good standing.
Is Seller finance available and for what amount?
No Seller finance is available. Bond finance should not be a problem for approved buyers.
Who is the bookkeeper/Accountant?
To be advised.
How could the income of the property be increased?
The completion of the upgrade could demand higher rentals.
What is the monthly rates and taxes payable to local authority?
Rate are approximately R25 000 per month.
What rental deposit has been secured from the tenants?
One month deposit is the norm. Buyers can decide for themselves.