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900 Unit Storage Facility And Building For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R141,750,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R17,367,492
Cash Flow:
R12,849,628

Are you looking for a lucrative investment opportunity... Look no further...
This Self-Storage business is a recession resistant industry providing reliable income stream with minimal ongoing maintenance required.
This modern storage facility house some 900 storage units of various sizes and types
The building is in excellent condition and based in the Western Cape in an up-market safe area with easy access to major routes.
Services that are offered include:

  • Self-Storage
  • Document Storage
  • Vehicle Parking
  • Collection & Delivery

The storage building has its security fence with top-of-the-line surveillance cameras, 24-hour onsite security, and armed response with access limited to clients only;
This is a profitable and sustainable investment opportunity with excellent business systems in place and has a backup generator;
Current occupation levels stand at 95%

If you wish to obtain more information please complete the NDA attached and return with copy of ID

Property Information

Real Estate:

Real Property Included

Location:

Cape Town

Premises Details:

Approximately 12,000 m2 building

Size in square feet:
12,000 m2
Planning Consent:

All in place

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

One could add at least 4,000m2 of PV Solar for export to the grid which will provide an additional passive income and will also negate the electricity bill

Competition / Market:

Yes

Reasons for selling:

Personal

Trading hours:

24 hrs per day

Employees:
8 in total
Years established:
9 years

Other Information

Support & training:

Full support provided

Financing available:

Property Included of high vakue. Should be able to finance large part via commercial banks

Furniture / Fixtures value:
R135,000,000 - included in the asking price
Inventory / Stock value:
R5,000 - included in the asking price
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