NEW
Web Ref CL34966
POA
146 Long
On Auction – 25 March BP Branded Fuel Station | Showroom & Workshop | Vacancy Upside
This vacant, BP-branded filling station presents a compelling repositioning and value-add opportunity within an established residential node in Welkom. The property comprises a total gross lettable area of approximately 1 647 m², including a forecourt, pump canopy, showroom, and workshop facilities.
The improvements include an estimated 817 m² forecourt area; a 115 m² steel-framed pump canopy with galvanised iron roof sheeting; a 9 m² cashier kiosk; 11 m² ablutions; approximately 72 m² attendants’ accommodation; a 337 m² showroom; and a 286 m² workshop. The fuel infrastructure comprises three ULP pumps and three diesel pumps. Security cameras are installed throughout the facility.
The property is positioned on a wedge-shaped erf with approximately 75 metres of frontage onto Long Road. The site enjoys direct access and exposure along a key connector route between the R30 and the Welkom CBD. The paved forecourt and yard areas provide ample informal parking.
The asset offers multiple strategic options to a purchaser:
• Reinstatement as an operational filling station
• Redevelopment for alternative or mixed-use purposes
• Strategic hold for capital appreciation
• Brand & Site Licence Condition: The sale shall be subject to the condition that, should the purchaser elect to reinstate the property as an operational filling station, the purchaser will be required to renew the site licence and retain the property as a BP-branded filling station.
The property is considered to be in below-average condition and will require refurbishment and maintenance.
Situated in Bedelia, Welkom, the surrounding area is predominantly residential, servicing a middle-to-higher LSM demographic, including mining employees and professionals. Amenities within a 3 km radius include hospitals, schools, Goldfields Mall, and other fuel stations. Surrounding land uses comprise residential, retail, industrial (Voorspoed), and commercial (CBD) nodes.
Contact the broker for a detailed investor pack.
The improvements include an estimated 817 m² forecourt area; a 115 m² steel-framed pump canopy with galvanised iron roof sheeting; a 9 m² cashier kiosk; 11 m² ablutions; approximately 72 m² attendants’ accommodation; a 337 m² showroom; and a 286 m² workshop. The fuel infrastructure comprises three ULP pumps and three diesel pumps. Security cameras are installed throughout the facility.
The property is positioned on a wedge-shaped erf with approximately 75 metres of frontage onto Long Road. The site enjoys direct access and exposure along a key connector route between the R30 and the Welkom CBD. The paved forecourt and yard areas provide ample informal parking.
The asset offers multiple strategic options to a purchaser:
• Reinstatement as an operational filling station
• Redevelopment for alternative or mixed-use purposes
• Strategic hold for capital appreciation
• Brand & Site Licence Condition: The sale shall be subject to the condition that, should the purchaser elect to reinstate the property as an operational filling station, the purchaser will be required to renew the site licence and retain the property as a BP-branded filling station.
The property is considered to be in below-average condition and will require refurbishment and maintenance.
Situated in Bedelia, Welkom, the surrounding area is predominantly residential, servicing a middle-to-higher LSM demographic, including mining employees and professionals. Amenities within a 3 km radius include hospitals, schools, Goldfields Mall, and other fuel stations. Surrounding land uses comprise residential, retail, industrial (Voorspoed), and commercial (CBD) nodes.
Contact the broker for a detailed investor pack.
Features
Zoning
Mixed Use
Title
Freehold
Interior
Power (3 Phase)
Yes
Exterior
Security
No
Sizes
Floor Size
1,647m²
Land Size
8,218m²
STREET MAP
STREET VIEW
