Property details

Erf size:
1,666 m²
Building size:
1,000 m²
Rates and Taxes:
R1,899 per month

Features

  • Asbestos roof
  • Plastered walls
  • Steel / wood windows
  • Exterior features including courtyard

Commercial Heritage on the Banks of the Kowie River

Located along Port Alfred's Historic Wharf Street, this expansive commercial property presents a unique investment opportunity. For sale as a packaged deal, the asking price includes three separate erven, with over 1000m2 of building under roof, and an incredibly well-known and established retail business. Spargs Furnishers, established in 1982, is a leading supplier of antiques, upmarket furniture, appliances, and home decor in the Port Alfred Area. Catering to a broad market, their success is evident through their popularity within the widespread community and the size of their establishment. Easily accessible via both Bank Lane and Wharf Street, the property itself is superbly located, boasting numerous access points and off-street parking. Consisting of five large showrooms, multiple storerooms, and ample office space, as well as a courtyard and kitchen - this expansive property is both vast and versatile. Well accompanied by reputable restaurants, businesses, and tourist attractions, their position on Port Alfred's Wharf Street offers intrinsic value. For investment purposes, the property presents superb rental potential, with the opportunity to divide the space and/or make use of various storage areas for supplementary income. Viewings of this unique commercial business are by appointment only. Financials available on request. Get in touch to find out more or set up a viewing appointment today!

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8-10 Wharf Street, East Bank

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