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The South
African industrial property, retail and commercial property reference.
The definitive reference
for the commercial and industrial
property
manager, owner and tenant
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Thank you form
For the attention of ...........................................
Dear Sirs,
Re: DESCRIPTION, STAND, TOWNSHIP.
Thank you for your time in discussing your abovementioned property recently and for giving us instructions to act on your behalf in finding a purchaser for that property. We understand the property to comprise the following:-
Stand size : .............................................. square metres
Improvements, comprising factory, offices etc.
Measuring some ................................. square metres.
We confirm that we will offer this property to prospective purchasers at an asking price of R............................................
We understand that VAT will/will not be paid by the purchaser on the purchase price/the purchaser will be responsible for paying transfer duty on the purchase price/ that this property is the sole asset of a Company /CC and that purchaser may purchase the Company /CC as opposed to taking transfer of the property.
In the event of us successfully concluding a satisfactory deal, you will pay commission to us in accordance with the recommended tariff from time to time of the the Institute of Realtors of South Africa plus VAT at the then applicable rate.
We will keep in touch with any prospective purchasers introducted.
Yours Faithfully,
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