Diesel Depot North West – SOLD

Diesel Depot North West SOLD by Cyrus Brokers – Property Included. Hugh Fuel Storage Diesel Depot for Sale North West. Property size: 50,776m2, the property is improved with a number of structures and fuel storage facilities and associated infrastructure as well as some roadway, a rail siding and concrete hard yard; Property value over R20,0 million. Hugh Bargain, selling price only R 15,0 million excluding stock.

• Blending dosing system
• All fuel loading / unloading is via electronic temp/lt coding system.
• The facility has Environmental approval and completed phase i and phase ii Environmental Assessment Reports.
• Main office with contents measuring 75 m2
• Security office with contents measuring 32 m2
• Lubes store with contents measuring 360 m2 (newish building)
• General store measuring 134 m2
• A workshop measuring 97 m2
• Compressor and truck store measuring 36 m2
• Ablution facilities measuring 65 m2
• Water plant shed measuring 12 m2
• Fire pump shelter and foam shed measuring 16 m2
• 2x gantries
• 2x diesel Tanks – 400,000 litres each
• Diesel Tank – 170,000 litres
• Diesel Tank – 74,000 litres
• Diesel Tank – 52,000 litres
• Petrol Tank – 23,000 litres
• 2x horizontal tanks – 100,000 litres each
• Bund wall for above tanks
• 1x Transfer pump
• 7x Centrifugal pumps
• 5x fuel meters
• Petrol additive tank – 2,200 litres
• Diesel additive tank – 2,200 litres
• Test pit
• Single hose diesel pump
• Hazardous waste tank – 2,200 litres
• Separator pit
• Fire water reservoir
• Centrifugal fire pump
• 3x monitors
• 1x hose reel
• 17 hand held fire extinguishers
•  Provision for Piping, Valves, Bridges and Supports, Electrical Cabling, Switch and Distribution Panels on the site.
• Water storage tank – 82,000 litres
• Water header tank
• Plastic water tank with pressure pump – 2,500 litres
• Plastic water tank with pressure pump – 5,000 litres
• Water treatment plant
• Sump pump
• Rail siding and related equipment.
• Site has a network of fire cannons.

Property value R 20,0 million. Bargain selling price only R 15,0 million excluding stock. The TOTAL Funding needed to acquire this Business is R 15,0 million CASH. A candidate will show and provide proof of the necessary cash funds to pay the monies associated with this transaction. The Seller has insisted that only CASH BUYERS will be considered. PLEASE NOTE: – NO INQUIRY will be entertained UNLESS you MEET the above Criteria. Due to the popularity of this listing, the overwhelming responses and daily avalanche of emails and voice messages thereto, you will be required to complete our Non-Disclosure Agreement and to provide us with “proof of cash” from your bank or financial institution for you to be privy to any information financial or otherwise.

Interested in this Business

NO information financial or otherwise on any of our listings will be made available to prospective buyers unless they fully comply with the following;

1. Cyrus Business & Property Brokers mandated with the sale of this opportunity was specifically requested by the Seller not to divulge any information pertaining to what is being sold under this listing prior to obtaining proof of funds from your financial institution (bank), auditor or lawyer;
2. Due to the popularity of this listing, the overwhelming responses and daily avalanche of emails and voice messages thereto, you will be required to register as a buyer, complete our Non-Disclosure Agreement and provide us with “proof of funds” from your bank or financial institution for you to be privy to any information financial or otherwise;
3. Upon receipt of your Non-Disclosure Agreement and proof of funds, you must be prepared to visit us, we want to meet you in person, where after all information will be conveyed without delay.

Confidentiality Information and Viewing

The Seller/Owner desires to maintain the confidentiality of information financial or otherwise of their business and does not want their competitors, employees, suppliers, customers, and others to know they are selling their business. It is thus extremely important that the business is protected from this at all times and can only be viewed by appointment through Cyrus Business & Property Brokers.

Disclaimer

All information has been provided by the seller and needs to be re-verified by the seller. Cyrus Business & Property Broker makes no representation to its accuracy and does not certify or make any warranties of any of the information provided and have not verified any information. It is strongly advised that you and/or your accountant review all information and do your due diligence before the closing. Information is subject to change without notice.

Commission

A property practitioner is not entitled to a commission unless he/she is registered and possesses a valid FFC

NOTICE TO PROPERTY PRACTITIONERS TO REGISTER IN TERMS OF SECTION 47(1) OF THE PROPERTY PRACTITIONERS ACT

The following juristic and natural persons are defined by section 1 of the Act as property practitioners, Agents, Business Brokers, Consultants, Advisers, Agency, Accountants, Attorneys, Auctioneers, Bridging Financer, Bond Brokers, Developers, Homeowners Associations, Managing Agents, and Time Shares, (note, without limiting to same).

The Property Practitioners Act came into effect on the 1st of February 2022. Sections 47 and 48 of the Act compel property practitioners including its Directors, Members or Trustees, and all employees who act as property practitioners to obtain and hold a valid Fidelity Fund Certificate (FFC) which must be applied for from the PPRA.

Section 48 of the Act effectively bars a property practitioner from rendering services as a property practitioner if he/she does not possess a valid FFC and Section 56 dictates that a property practitioner is not entitled to commission unless he/she is registered and possesses a valid FFC.

Furthermore, Section 48(4) stipulates that a property practitioner who receives a commission in the absence of the certificate as mentioned above will be required to pay back the commission immediately upon receipt of a written request. Conveyancers are prohibited from paying commissions or monies unless a property practitioner produces a certified copy of their FFC.

The consequence of operating without a fidelity fund certificate is that a property practitioner can be found guilty of an offense in section 48(5) of the Act.

If there is any doubt as to whether or not juristic and natural persons are defined by section 1 of the Act as property practitioners have a valid fidelity fund certificate, do not hesitate to contact the Property Practitioners Regulatory Authority (https://theppra.org.za/) or your Attorney to confirm and verify the registration status.