Corner retail space | Long & Hout Street | Cape Town

R 8,500,000

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11 months ago106 views
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General Details
Description
This retail space sits prominently on the corner of Long and Hout Street in Cape Town City Centre. Long and Hout Street traditionally receive high passing foot traffic. This shop has long shop frontage on both streets , and is situated in the Decks, a mixed use building. The Decks includes offices, retail, serviced apartments, and a multilevel parkade to rent additional bays potentially if needed.

The unit was previously configured for a well known bank, and currently has a full HVAC system, new toilets and kitchenette, fire detection system, UPS and mobile filing system. The unit is currently being white boxed for a new tenant fitout. 1 tandem parking bay is included with the unit.

Property Reference #: CL3087

Agent Details:
Neil Bernberg
Port Commercial Properties Pty Ltd
Suite G01 Radar Dad Building
17 Queens Park Avenue
Salt River
7925
Cape Town

Id Subtitle 1212064834
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Estimated monthly repaymentR 92,116
Total property loan amountR 8,500,000
Total interestR 13,607,625
Total repaymentR 22,107,625
Interest rate at 11.75% for 20 years *
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Port Commercial Properties Pty Ltd
Selling for 5+ years
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