R 60 250 | retail property to rent in gardens

Property Description

Amazing ground floor retail space available: Internal size of 241sqm, but can be cut into two sections of 120.5sqm each if necessary, or even four spaces of 60sqm if the different tenant mix makes sense. Outdoor lane of 180sqm can be leased for R125/sqm gross if required. Highlights of the space include: - Eight Opening Double Doors to the Public. - Access to the lane - A prime location on Harrington Street, which has undergone big development, and is still undergoing even bigger development in The Easy City. - The prime retailer will be able to provide food and drinks to the 48 short stay apartment hotels units above the retail space, in The Harri. - The retailer will also be able to operate normally to walk-in trade, and can serve on uber eats and Mr D, therefore there are essentially three revenue streams of income. - Access for trucks to offload supplies in a secure environment. - Cameras installed in and around the building. - There is a 24-hour concierge at the Harri, which can be utilised. - The Landlord is offering a Tenant Installation Allowance for every year of a lease signed, either a month of beneficial occupation will be given, or a month of a Tenant Installation Allowance. - Liquor license has already been secured and is transferable to any new retailer. - The space can be cut into two spaces, or even four if necessary. - Option to Purchase: R7.2 million Excl Vat. Contact for additional information or to arrange a viewing


Property Details

Rental R 60 250

Building Size241 m2

Price Per SQMR 250 m2

Type of PropertyRetail

ZoningRetail

Lease TermNegotiable

Last Updated16 Feb 2024

General Features

SecurityYes

Three Phase PowerYes

Air ConditioningYes

Property Location

Similar Property in nearby suburbs

Agent

Luc Lenferna de la Motte

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