Meischke’s Building - Corner Harrison Street & …€™s Building - Corner Harrison Street &...

Terms & Conditions R50 000 refundable deposit (strictly bank guaranteed cheque or cash transfer only). Bidders must provide original proof of identity and residence on registration. No cash will be accepted at the auction. No exceptions. All bids are exclusive of VAT. Aucor Property may bid up to reserve on behalf of the sellers. Subject to change without notification. Auctioneer: Darren Winterstein

Johannesburg CBD

Meischke’s Building - Corner Harrison Street & Market Street

Tuesday, 12 November 2013 @ 12h00 The Hyatt Hotel, 191 Oxford Road – Rosebank Jonathan Aitken | 082 453 1119| [email protected]

Historic Building – Retail and Offices

mailto:[email protected]

Historic Mixed Use Building Johannesburg CBD

Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither AUCOR (Pty) Ltd nor the Seller/s guarantee the correctness of the information, provided herein and neither will be held liable for any direct or indirect damages or loss, of whatsoever nature, suffered by any person as a result of errors or omissions in the information provided, whether due to negligence or other wise of AUCOR (Pty) Ltd or the Sellers or any other person.

Index

Disclaimer

Property Information

Locality

Property Description

Tenancy

Images

Surveyor General Diagram

Zoning

Rates

Auction Information Deposit 5% of bid price Commission 10% plus 14% VAT thereon of the bid price Confirmation period 2 Days Rules of auction and conditions of sale are available on www.aucor.com

http://www.aucor.com/



Property Information

General Property Address Corner Harrison Street & Market Street

Johannesburg

Title Deed Information Title Deed Number G64/1937

Property Description Erven 195, 196 & 5022 Johannesburg, City of

Johannesburg

Registered Owner Meischke Pty Ltd

Approx. Stand Sizes Erf 195 - 99m²

(Sizes as indicated by Joburg Erf 196 - 245m²

Geographical Information System) Erf 5022 - 149m²

Total - 493m²

Municipal Information Municipality City of Johannesburg

Zoning Business 1

FAR As per attached clause 39(2) c

Height Zone 1 (As per attached clause 45.2)

Coverage 100%

Building Lines 1,5m in respect of ground storey only

Parking As per scheme

As at date of writing, there was no new (2013) separate municipal valuation available for the subject property.

Liquor Licence included in the sale – Liquor Board Reference No.GAU/004431

.



Locality

The property is situated on the corner of Market Street and Harrison Street and offers excellent frontage to passing pedestrian and

vehicular traffic in the Johannesburg CBD.

The immediate area is characterised by various low and high-rise buildings with a combination of residential and commercial uses.

The area is well serviced by various primary and secondary roads. Furthermore, the Bus Rapid Transit system has a stop adjacent

the subject property on Market Street providing easy public transport in and around Johannesburg CBD.

All modern amenities and facilities are available in the immediate and surrounding suburbs. Local convenience and neighbourhood

centres in the vicinity meet most day-to-day shopping requirements. All relevant services, including municipal electricity and

sewerage disposal have been installed and are regarded as adequate and reliable. Services are provided by the City of

Johannesburg.

GPS co-ordinates for the site is as follows: S 26°12'18.37"; E 28°02'26.20"




Description of Improvements

Approximate boundaries (as per Joburg GIS)

Buildings Areas (Approximate Gross Building Area – GBA - based on on-site and additional aerial measurements; Lettable Area as supplied):

Component ±m²

Basement 239

Retail 324

Floors 1 to 4 1068

Total Approx. GLA 1631

Lettable Area (as supplied)

Component ±m²

Basement (estimated) 239

Rear yard building 10

Retail 420

Floors 1 to 4 1680

Roof 83

Total Approx. GBA 2432

GBA (onsite & aerial measurements)




Description of Improvements Primary Use Retail and Business/Office Building

Storeys 5

Roofing Waterproofed concrete

External Walls Face brick and concrete

Internal Walls Mostly painted plaster

Floors A combination of flooring types

Ceilings Mostly concrete

Elevator 1 x passenger elevator

Condition The property requires some repairs and maintenance. Please note that we have not undertaken a

structural survey nor arranged for tests or inspections of the service installations.

Heritage Of interest to note – the subject property was the first property to be granted a liquor licence in

the Witwatersrand. Note that the building is older than 60 years and thus is subject to the provincial

heritage resources authority.

Accommodation The subject property comprises a retail ground floor with most of the remainder of the building comprising

office units.

The ground floor comprises 5 shops, a bar/restaurant and the entrance lobby. The bar/restaurant further

occupies a portion of the 1st floor.

The remaining office floors comprise the following (ablutions between floors):

1st floor – 6 offices, strong room and portion of restaurant (only accessible through restaurant)

2nd floor – 12 x offices, 2 strong rooms, 2 stores and worker room

3rd floor – 10 x offices and a strong room

4th floor – 12 x offices, kitchenette, ablutions and stores



Tenancy

We have been provided with the following tenancy information (excluding VAT where applicable - subject to change). Copy of

unsigned lease for Guildhall Pub and Restaurant (expired 28 Feb 2012) available upon request.



Tenancy



Images



Surveyor Diagram



Zoning



Zoning



Zoning



Rates



Rates

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Meischke’s Building - Corner Harrison Street & …€™s Building - Corner Harrison Street &...

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