Corner-Site Petrol Station with 20-year Lease On Auction : 60 Rugters Street, Brits
Brits Central, North West
Retail On Auction, 4000m2 @ POA
Corner-Site Petrol Station with 20-year Lease
Live Auction: 04 February 2026!
This property comprises a fuel station and associated commercial improvements situated on a ±6,089m² erf in Brits Central, within the Madibeng municipal area. The asset benefits from a 20-year Sasol fuel supply agreement in place until 2036, providing long-term operational certainty. The transaction includes both the property (PropCo) and the operating business (OpCo), making this a fully integrated fuel retail investment.
The site includes a car showroom component currently tenanted until August 2026, generating a Gross Annual Income of R1,046,633, providing holding income alongside fuel operations. Significant capital investment has been made, with new underground fuel tanks installed in 2023, materially reducing long-term replacement risk and ensuring ongoing regulatory compliance. The station is located on a main arterial road and currently pumps approximately 200,000 litres per month, with volumes showing upward momentum. Fuel margins are currently R2.38 per litre on petrol and R2.25 per litre on diesel, supporting robust operational performance.
Key Features:• 20-year Sasol fuel supply agreement (expires 2036)
• Sale includes both Property (PropCo) and Operating Business (OpCo)
• ±6,089m² erf with ±4,000m² GLA
• Car showroom area tenanted until August 2026
• GAI of R1,046,633 from showroom component
• New underground fuel tanks installed in 2023
• Fuel margins: R2.38/litre (petrol) and R2.25/litre (diesel)
• Strong pump volumes of ±200,000 litres per month and increasing
• Prominent main-road exposure
• Monthly Rates: ±R11,290
• VAT Registered: Yes
Located in Brits Central, the property benefits from excellent visibility and accessibility within an established regional node, supporting both fuel retail throughput and ancillary commercial income.
Auction Terms & Buyer Info: • Buyer Costs: 16.5% payable on auction day
(10% commission + VAT on commission + 5% deposit toward purchase price)
• Registration Fee: R50,000 (live bidders) | R100,000 (telephonic/online bidders)
All bids constitute a legally binding offer, and the highest bidder is required to sign the Auction Sale Agreement immediately upon the fall of the hammer; failure or refusal to sign constitutes a breach and results in forfeiture of the registration deposit. The sale is subject to a reserve price unless otherwise stated. The property is sold voetstoots, as-is, and all bidders must provide valid FICA documentation prior to registration.