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7 Tiger Wheel & Tire - Boksburg Income Statement - November Projected Rental Income: Nov Rent - Receivable R 114, Rates & Taxes Recovery R 4, Sewerage Recovery R Electricity Recovery R 12, Refuse Recovery R Water Recovery R 1, Gross Income: R 134, Expenses: Rates & Taxes Fully Recovered -R 4, Sewerage Fully Recovered -R Electricity Fully Recovered -R 12, Refuse Fully Recovered -R Water Fully Recovered -R 1, Monthly Expenses: -R 19, Net Monthly Income: R 114, Net Annual Income: Year end 31/10/2018 R 1,378, Notes *Income figures above are exclusive of Vat. Expense figures are averages. *No allowance has been made for aditional expenses such as Insurance. Lease terms until 31/10/2020 with an Escalation of 7.5% pa Period Rental Vat Total From 01/11/2017 to 31/10/2018 R114, R16, R130, From 01/11/2018 to 31/10/2019 R123, R17, R140, From 01/11/2019 to 31/10/2020 R132, R18, R151,296.92

8 The by auction is subject to a reserve price The conduct of the auction is subject to the control of the Auctioneer who has the sole right to regulate the bidding procedure. Any error by the auctioneer shall be entitled to be corrected by him. Every bid shall constitute an offer to purchase the property for the amount bid upon the terms and conditions contained in the Conditions of Sale, which the seller may accept or reject in their absolute discretion. The highest bidder ("the purchaser") shall sign the Conditions of Sale immediately on the fall of the hammer A deposit of 5% (five per cent) of the Purchase Price payable to the AUCTIONEER by the PURCHASER immediately on the fall of the hammer, which amount the PURCHASER hereby authorises the AUCTIONEER to pay over to the SELLER'S Attorneys PURCHASER

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22 GENERAL NOTES * ALL DIMENSIONS AND LEVELS ARE TO BE VERIFIED ON SITE PRIOR TO COMMENCING SETTING OUT ANY WORK. * FIGURED DIMENSIONS ARE TO BE USED INSTEAD OF SCALING DRAWINGS. * ANY DISCREPANCIES TO BE REPORTED TO THE ARCHITECTED IMEDIATELY * CONTRACTOR TO SUBMIT SHOP DRAWINGS TO AD ARCHITECTURE FOR APPROVAL PRIOR TO MANUFACTURING ANY SHOPFITTED ITEMS PRIOR TO INSTALLATION. * COPYRIGHT AND RIGHT OF REPRODUCTION OF THIS DRAWING REMAINS THE PROPERTY ABLUTIONS M² OF AD ARCHITECTURE (PTY) LTD. DRAINAGE NOTES * ALL WASTE PIPES TO HAVE RESEAL TRAPS. * ALL SEWER PIPES TO BE ACCESSIBLE FOR MAINTENANCE AND REPAIR. * ALL JUNCTIONS AND BENDS TO HAVE RODDING EYES WITH COVERS MARKED IE OVER THEM. * ALL DRAINS TO BE VENTILATED WITH 2 WAY VENT VALVES AT HEAD OF DRAINS. * ALL SEWER PIPES RUNNING UNDER BUILDINGS TO BE ENCASED IN CONCRETE 150mm ø ALL ROUND WITH MARKED COVERS IE AT HEAD AND END. SHOWROOM (UPPER VOLUME) MEZZANINE STORE M² REVISIONS/WYSIGINGS DATE DATUM REV. DESCRIPTION BESKRYWING DRAWN MEZZANINE OFFICES M² STORE 1 (UPPER VOLUME) STAIR M² ABLUTIONS M² MEZZANINE FLOOR PLAN scale 1:100 WORKSHOPS M² A D ARCHITECTURE (PTY) LTD. SHOWROOM M² LOBBY M² ABLUTIONS M² STORE M² 1236 CROWS NEST FEATHERBROOKE ESTATE KRUGERSDORP cell : Pr. Arch.Tech. PROJECT/PROJEK AS BUILT DRAWINGS OF BARDENE ON ERF FOR GROWTHPOINT PROPERTIES STORE M² DUCT M² ISSUED FOR UITGEREIK VIR PRELIMINARY VOORLOPIG INFORMATION INLIGTING TENDER-CONTRACT TENDER-KONTRAK MEASUREMENT MEETWERK CONSTRUCTION KONSTRUKSIE APPROVAL GOEDKEURING SIGNATURE DATE HANDTEKENING DATUM SCALE/SKAAL 1:100 DRAWN/GETEKEN ATD. GROUND FLOOR PLAN scale 1:100 DATE/DATUM CHECKED/NAGESIEN ATD STAGE/FASE WORKING DRAWING DRAWING TITLE/TEKENING TITEL BARDENE FLOOR PLANS DRAWING No./ TEKENING NR. PLOT DATE 22/03/2017 TIME 02:07:59 REV./HERS. J PFG01

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25 BIDDER REGISTRATION FORM AUCTION DETAILS Date & Time Venue Auctioneer 19 JULY 2017, 12H00 The Wanderers Club, Sandton, 21 North Street, Illovo Ismail Hendricks BIDDER DETAILS Bidding Capacity Individual On behalf of a juristic person Where a person is bidding on behalf of a juristic entity the letter of authority must appear on the letterhead of the juristic entity and must be accompanied by a certified copy of the resolution authorising him or her to bid on behalf of the juristic entity. NATURAL PERSONS (ALSO TO BE COMPLETED IF BIDDING ON BEHALF OF A JURISTIC ENTITY) Name ID Number Physical Address Postal Address Landline Number Mobile Number Address Marital Status (if applicable) In Out of Community of Property Spouse Name (if applicable) Spouse ID No. (if applicable) JURISTIC ENTITY (if applicable) (COMPANY, TRUST, CLOSE CORPORATION, OTHER) Name Registration Number Physical Address Postal Address Page 1 of 3

26 BIDDER REGISTRATION FORM Landline Number Facsimile Address If Company or CC, annual turnover is: Less than R2M Greater than R2M If Company or CC, asset value is: Less than R2M Greater than R2M AUCTION REGISTRATION FEE (REFUNDABLE TO THE BIDDER AFTER THE AUCTION) Amount R Method of Payment EFT Bank Guaranteed Cheque Credit Card Payable to Bank Name Account Type Broll Auctions and Sales (Pty) Ltd Nedbank Southern Peninsula Trust Account Account Number Branch Code Reference TERMS AND CONDITIONS By signature of this bidder registration card, the signatory: 1. Acknowledges and understands that he/she shall not be entitled to bid until such time as the Auctioneer's registration fee has been paid or secured to the Auctioneer's satisfaction, this registration fee is refundable should he/she not be the highest bidder. 2. Acknowledges himself/herself to have read, understood and be bound by the Auctioneer's terms and conditions of auction; and has complied with FICA requirements i.e. brought a copy of his/her ID book, proof of residence and letter of authority to sign on behalf of a juristic entity. 3. Acknowledges and understands that, in respect of lots subject to a reserve, should his/her bid be knocked down as the highest bid in respect of any lot bid upon, such bid shall constitute an irrevocable offer to purchase the relevant lot at such price, which offer shall remain open for acceptance by the seller of the lot for a period of 5 business days; 4. Acknowledges and understands that, in respect of lots not subject to a reserve, should his/her bid be knocked down as the highest bid in respect of any lot bid upon, then such lot shall be deemed to have been sold to the bidder at such bid; 5. Acknowledges and understands that any sale of immovable property by way of public auction shall be binding on the bidder, and does not need to be recorded in a written agreement, in accordance with the provisions of Section 3(1) of the Alienation of Land Act 68 of Page 2 of 3

27 BIDDER REGISTRATION FORM 6. Acknowledges and understands, notwithstanding the contents of paragraph 4 above, that should his/her bid be the highest bid on any lot, he/she will then be obligated to sign the Auctioneer's standard agreement of sale by public auction, which agreement the bidder acknowledges to have acquainted himself/herself therewith; 7. Acknowledges that, should his/her bid be knocked down as the highest bid in respect of any lot bid upon, a buyer s premium of 10% plus VAT shall be payable over and above the bid price, unless otherwise stated; 8. Warrants, in the event that he/she is bidding on behalf of another person/company/close corporation or trust, that he/she has all necessary authority to do so and to bind such party to any consequent sale, and will produce written proof of such authority upon request. 9. Acknowledges that in the event of allowing the paddle allocated to the bidder to be used by any other bidder whether registered or not, shall remain liable for performance. 10. I the undersigned, acknowledge that I have received the Rules of Auction for this auction and it is my responsibility to understand, read and acquaint myself with the Rules of Auction incorporating the Sale Agreement. I have read and understood the Rules of Auction and have no objection to the Rules of Auction not being read out for the auction to be valid. Notwithstanding the fact that the Auctioneer has not read out every clause of the contract, I will legally comply myself with all my obligations, including immediate signing of the Rules of Auction incorporating the Sale Agreement on the fall of the hammer; and to the immediate transfer of the funds required in terms of the Rules of Auction and Sale Agreement. SIGNED BY THE BIDDER AS ACCEPTANCE (and where applicable the BIDDER is duly authorised) Date Place Signature FOR OFFICIAL USE BY BROLL BIDDERS CARD NUMBER Page 3 of 3

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