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MWK649,622,409

(USD 375,000)

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Business
For Sale
Lilongwe
Malawi

An opportunity has risen to acquire a magnificent business complex in the lakeshore district of salima, senga bay. Logistically well-placed a safe and sensible distance off the main
Salima/Senga Bay road, the property is opposite the Parachute Battalion and
next door to the Baptist Clinic. It is not a beach property, it is a
Business Centre/Complex and only 120km from Lilongwe on a tar road that is
in excellent condition...!

The complex is highly suitable for any business venture and if you could
stand the noise, it would work very well as an
Entertainment Centre as there is more than adequate space for a Nightclub
that could also function as a Wedding Venue and Conference Facility...!
Further businesses in the shops could include a Sportsman`s Bar with a Big
Screen TV, Pool Hall, a Pub and Restaurant and Beer Garden with daily
barbecues at lunchtime that would be a winner...!

The need for a Shopping Centre in Senga Bay ensures that this complex is
perfect for this and the Standard Bank ATM on the premises further adds
value to this `mind boggling` idea...! If you did not want to go the route
of a shopping centre, then just a butchery...! There is excellent meat in
the area, including a big and clean piggery that could provide you with the
ability for a HUGE industry in the making of bacon and all the other smoked
pork products. This would not only be supported by the large number of
hotels, lodges and expat community in the area, but also by the army...! The
Parchute Battalion is opposite this complex and MAFCO - the big army
training school in Maganga which is about 6km away...you could most probably
get a contract with them.

The Warehouse is ideal for small factory processing and/or packaging...there
is so much to consider and to mention just a few ideas...FISH!...dried,
fresh or frozen...! MANGOES...dried (google the export potential!) or as a
fruit juice...CANDLE MAKING (both fancy for lodges and standard candles, all
with citronella for mosquitoes would be a winner)...SOAP MAKING (fancy and
standard for lodges)...! Absolutely ideal as a SOBO depot (Carlsberg Beer,
Coke, Fanta, Sprite etc.) would be an excellent idea as there isn`t one in
Senga Bay and when you consider that there are 26 lodges...not to mention
all the little stalls and local beer halls...this idea is a WINNER...! A
good recipe for Atchar and all kinds of chutneys...hmmmmm...some great ideas
could flow from this one...! And what about a new brand of Chilli sauce...?
Google Nali Chilli Sauce (in Malawi) and you will see one of the most
successful businesses in Malawi...!!! They are in need of some serious
competition and Malawi grows outstanding chillies...!!!

PACKAGING...!!!! This is one of the BIG IDEAS that is a WINNER...! Malawi
produces excellent coffee, tea, macadamia nuts, ground nuts and fantastic
rice, of which Kilombero is one of the best...!!! Then, under your own funky
family label...export these products and generate your income in
FOREX...!!!!

There are so many opportunities...the Shops could be retail outlets for your
own products...or let as Office Space... Buying and storing rice would
generate huge profits...! One shop could be a Superette...there is not a
single Superette in Senga Bay and if this were to be of the quality of a
Spar, FoodWorths or FoodZone it would be beyond fantastic...!

The complex, situated on 0.3275 of a hectares of land on Plot
M`dalamkwanda in Salima District is made up as follows of about 1,000m2 of
buildings:

* Standard Bank ATM in the 3rd year of a 5-year renewable lease (rent is
paid one year in advance at about K420, 000 pa for this year)
* 3 x Large Shops, two of which have very big kitchens and ablution
facilities...the third shop inter-leads to the house. The shops have a full
length verandah outside and a further thatch awning for shade. Shop No 1 has
French doors leading out into the Tea Garden that is shady and cool with a
number of large trees.
* Large Residential House
- 3 x Bedrooms
- 2 x Bathrooms
- Kitchen and big Pantry
- Diningroom
- Lounge
- Verandah with security bars
* Water tower with Water tank
- Storeroom/Generator room underneath the Water tower, with electricity
* Double Garage attached to Warehouse that could easily convert to a
Business Premises or Cottage
* Warehouse - 245m2 with own Loading Dock
* Cottage
- 2 x bedrooms
- 1 x lounge
- kitchenette
- shower and separate toilet
- Guardhouse at double gates

With lots of trees both inside and outside the compound - the property is
situated a sensible and safe distance from the tar road and with a very
high, nine foot, double thick brick wall, with more than 30 x 4-brick
pillars, it is very safe and secure with excellent parking facilities both
inside and outside the premises. The property has three well-constructed
sewage systems, one for the house, one for the shops and one for the
warehouse and cottage. The is more than adequate outside lighting and the
shops each have in total, about 16 plug points...! The roofs are in
excellent condition - the buildings are double brick and with the shops and
warehouse at one-and-a-half depth or height, makes it pretty cool...! it is only 11 years old and has only been occupied for the past four
years...so it is in pretty neat condition...!

The price for the complex (with Title Deeds) because of Malawi`s
devaluation is USD375, 000 (three hundred and seventy-five
thousand USD) and is inclusive of the house being fully furnished as per a stock list and
capital gains tax that must be paid pay.

Payment must be in forex - either in
USD, GBP or SA Rand is good and is calculated at the bank rate of exchange
on the day of closing a deal.

CHECK IF AVAILABLE

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