Prime Retail Space Available in Popular Harrington Street

R 60,250

2 months ago104 views
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General Details
Location:
Size (sqm):241
Parking:Covered
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 Reference #: CL13256

Agent Details:
Luc Lenferna de la Motte
Annenberg Property Group
Office 2D
Matrix
8 Bridgeway
Century City
7441
Bridgeway
Century City
7441
Id Subtitle 1263782732
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Annenberg Property Group
Selling for 7+ years
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