Corner Retail | Periphary of Cape Town | High exposure

R 3,150,000

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15 days ago20 views
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Description
Corner retail space with high exposure and glass frontage on Bloem and popular Loop Street. The shop is very visible to passing foot and vehicular traffic on Loop. Just down the road from Bootleggers and across the street from the popular Pepper Club Hotel which draws a constant flow of tourists. Recently refurbished by the current tenant the store is in great condition with a bespoke lighting design that truly enhances the space. 2 parking bays are included in the sale, which are directly opposite the entrance to the common passage for easy loading. The unit is situated on the periphery of town which doesn't have the traffic congestion often associated with the City Centre. Your customers will have easy exit and entry onto Nelson Mandela Boulevard into the Southern Suburbs, and from the Atlantic Seaboard via Kloof Nek. Vacant occupation on transfer. VAT applicable sale.

Split roughly evenly between the ground floor and the mezzanine, the space enjoys good natural light on both levels with double volume windows. The property consists of two separate sections one of which is a smaller satellite section with a toilet and small kitchenette. The space features an open retail area on the ground floor with a change room behind the counter, there is a storage cabinet between the mezzanine and ground, and another open retail area on the mezzanine which is currently setup as a rec area.

Property Reference #: CL3482

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 1278897506
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Estimated monthly repaymentR 34,137
Total property loan amountR 3,150,000
Total interestR 5,042,826
Total repaymentR 8,192,826
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