No threat to Hyper as sub-contractor liquidated

2014-11-07 00:00

The liquidation of a sub-contractor working on the Checkers Hyper Brookside development in Pietermaritzburg will not affect the projected completion date of later this month.

This was according to Shoprite spokesperson Sarita Van Wyk, responding to questions from The Witness after it came to light that one of the sub-contractors, Asphalt Construction from Durban, had gone into liquidation. The company allegedly owes creditors — many suppliers in Pietermaritzburg — millions of rands.

“The construction of the parking area and access roads for which Asphalt Construction was contracted by the main contractor Construction ID, is being completed by the latter,” Van Wyk said.

Pietermaritzburg is expected to get its first Checkers Hyper by the end of the year.

Many other shops — originally anticipated to be around 28 — are expected to open in the Brookside Mall, which are nearing completion over the N3 highway a short distance from the competing Liberty Midlands Mall.

The first phase of the Brookside Mall involves 15 236 square metres of retail space to house businesses that include Checkers LiquorShop, House and Home, Pep Stores, Ackermans, Clicks and Capitec Bank, with Checkers Hyper as the anchor tenant. The closest Checkers Hyper is located in Durban at the Pavillion shopping centre.

But the legal firm managing the liquidation, Berrangè Incorporated told The Witness last month that the voluntary liquidation had been made final, and Asphalt did not have the cash flow to complete any contracts.

A turnaround strategy at Asphalt had failed to produce the anticipated results and the firm would have sunk further into debt if it had continued to trade, a spokesperson at the private-owned Asphalt Construction said.

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