INVITATION TO SUBMIT OFFERS: ASSETS BELONGING TO THE ONLY GLASS REINFORCED (GRP) PIPE MANUFACTURER IN SUB SAHARAN AFRICA

WEB REF: 17799 INVITATION TO SUBMIT OFFERS: ASSETS BELONGING TO THE ONLY GLASS REINFORCED (GRP) PIPE MANUFACTURER IN SUB SAHARAN AFRICA


DATE Thursday the 24th of May  @ 16:30:00 
VIEWING BY APPOINTMENT ONLY: Contact Andrew Dix-Peek 084 485 3285 / 011 334 2649
DETAILS

Offers to be submitted by 16:30 on Thursday 24 May, 2018

Offers To Purchase Submitted Under The Following Headings Will Be Considered:

  1. Invitation To Submit Offers For The Purchase Of The Glass Reinforced Pipe Manufacturing Company As A Going Concern Together With The Fixed Property.
  2. Invitation To Submit Offers For The Purchase Of The Glass Reinforced Pipe Manufacturing Company As A Going Concern. An Option To Rent The Premises From The Landlord Exists.
  3. Invitation To Submit Offers For The Purchase Of The Assets Of The Glass Reinforced Pipe Manufacturing Company.

 

Overview Of Moveables & Fixed Property:

  • Moveables Comprise An E2 Continuous Winder, Grp Lab, Hydrotester, Coupling Mill, Fitting Shop, Generator, Office Equipment, Stock And Raw Materials.
  • Fixed Property: Erf 1326 South Germiston Ext7 (9 Tielman Roos Street), Measuring 25955m2, Comprising Three Detached, Freestanding Buildings (13 500m² Under Roof), Improved With A Single Storey Office Component And Factories Respectively.
TERMS Conditions for Property: 15% deposit on submission. Buyer’s commission payable. Terms for movables : (A) Specifications are available from PARK VILLAGE AUCTIONS (011) 334-2649. (B) OFFERS TO BE SUBMITTED TO PARK VILLAGE AUCTIONS 8 PROLECON ROAD, PROLECON BY NO LATER THAN END OF BUSINESS 24 MAY 2018 AT 16:30. NOTE: The joint liquidators reserve the right not to accept the highest or any other offer. All of the above is subject to change without prior notice.
CONTACT Andrew Dix-Peek
084 485 3285 / 011 334 2649
andrew@parkv.co.za
BANKING DETAILS ABSA
Account No: 0101 5220 577
Branch Code: 633405
Nedbank
Account No: 1286 0028 69
Branch Code: 128605
FNB
Account No: 5041 1185 834
Branch Code: 254005
Standard Bank
Account No: 200 547 674
Branch Code: 006305