68 m² Retail Space in Norwood

LEASE SUMMARY

PREMISES NUMBER

Shop 01

AREA OF PREMISES

68.00m

LEASE PERIOD

5 Years

RENEWAL PERIOD

N/A

BO DATE

01 February 2026

BO PERIOD

28 Days

TRADING DATE

01 March 2026

LEASE COMMENCEMENT

01 March 2026

STORE SPECIFICATION

White Box

TI ALLOWANCE

N/A

BASIC RENTAL

R500.00/m

ESCALATION

8%

OPERATING COSTS

R35.00/m

ESCALATION

8%

MARKETING FUND

R25.00/m

TURNOVER RENTAL

8%

PQ%

0.2081%

RATES & TAXES PER MONTH

R1,766.54

Shop 02

LEASE SUMMARY

PREMISES NUMBER

Shop 02

AREA OF PREMISES

103.00m

LEASE PERIOD

5 years

RENEWAL PERIOD

N/A

BO DATE

01 February 2026

BO PERIOD

28 Days

TRADING DATE

01 March 2026

LEASE COMMENCEMENT

01 March 2026

STORE SPECIFICATION

White Box

TI ALLOWANCE

N/A

BASIC RENTAL

R450.00/m

ESCALATION

8%

OPERATING COSTS

R35.00/m

ESCALATION

8%

MARKETING FUND

R22.50/m

TURNOVER RENTAL

8%

PQ%

0.3154%

RATES & TAXES PER MONTH

R2,677.07

Shop 03

LEASE SUMMARY

PREMISES NUMBER

Shop 03

AREA OF PREMISES

81.00m

LEASE PERIOD

5 Years

RENEWAL PERIOD

N/A

BO DATE

01 February 2026

BO PERIOD

28 Days

TRADING DATE

01 March 2026

LEASE COMMENCEMENT

01 March 2026

STORE SPECIFICATION

White Box

TI ALLOWANCE

N/A

BASIC RENTAL

R345.00/m

ESCALATION

8%

OPERATING COSTS

R35.00/m

ESCALATION

8%

MARKETING FUND

R17.25/m

TURNOVER RENTAL

8%

PQ%

0.2480%

RATES & TAXES PER MONTH

R2,105.27

Shop 04

LEASE SUMMARY

PREMISES NUMBER

Shop 04

AREA OF PREMISES

54.00m

LEASE PERIOD

5 Years

RENEWAL PERIOD

N/A

BO DATE

01 April 2026

BO PERIOD

30 Days

TRADING DATE

01 May 2026

LEASE COMMENCEMENT

01 May 2026

STORE SPECIFICATION

White Box

TI ALLOWANCE

N/A

BASIC RENTAL

R550.00/m

ESCALATION

8%

OPERATING COSTS

R35.00/m

ESCALATION

8%

MARKETING FUND

R27.50/m

TURNOVER RENTAL

8%

PQ%

0.1653%

RATES & TAXES PER MONTH

R1,403.22