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Corner retail space | Long & Hout Street | Cape Town
R 27,500,000
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11 months ago132 views
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General Details
Location:
Description
This TWO unit 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.
Unit 1 has a prominent corner position with an expansive street frontage accessed from Long Street. The unit offers 506 square meters of lettable floor area, previously been configured to cater for a leading banking institution and now well suited for a variety of commercial uses. The current tenant installation includes a full HVAC system, new toilets and kitchenette, fire detection system, UPS and mobile filing system. Unit 2 has great exposure along Long Street and includes a large retail footprint with various offices, ablutions and 2 floors of basement storage. This unit is currently let to Eagle Lighting (A Bidvest Group Company), until 28 February 2026, who have been an original owner and long term tenant within this building. The ground floor shop area is 522m2 with stock storage basement of 661m2. The parking area includes a section of 71m2 located on an upper floor of the parkade, accessed off Burg Street. The area is currently configured as 3 tandem (double) bays, 2 of which are let by Eagle Lighting and 1 of which is allocated to Unit 1.
Property Reference #: CL3090
Agent Details:
Neil Bernberg
Port Commercial Properties Pty Ltd
Suite G01 Radar Dad Building
17 Queens Park Avenue
Salt River
7925
Cape Town
Unit 1 has a prominent corner position with an expansive street frontage accessed from Long Street. The unit offers 506 square meters of lettable floor area, previously been configured to cater for a leading banking institution and now well suited for a variety of commercial uses. The current tenant installation includes a full HVAC system, new toilets and kitchenette, fire detection system, UPS and mobile filing system. Unit 2 has great exposure along Long Street and includes a large retail footprint with various offices, ablutions and 2 floors of basement storage. This unit is currently let to Eagle Lighting (A Bidvest Group Company), until 28 February 2026, who have been an original owner and long term tenant within this building. The ground floor shop area is 522m2 with stock storage basement of 661m2. The parking area includes a section of 71m2 located on an upper floor of the parkade, accessed off Burg Street. The area is currently configured as 3 tandem (double) bays, 2 of which are let by Eagle Lighting and 1 of which is allocated to Unit 1.
Property Reference #: CL3090
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 1212065404
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Estimated monthly repaymentR 298,020
Total property loan amountR 27,500,000
Total interestR 44,024,667
Total repaymentR 71,524,667
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Port Commercial Properties Pty Ltd
Selling for 5+ years
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