240 m² Industrial space in New Germany

Details of the Property are:

Size : Ground Floor - approx. 240sqm

Mezz. Floor - approx. 115sqm

Total Floor - approx. 355sgm

Parking Area - approx. 60sqm x4 Bays Exclusive Use

Total Size - approx. 415sgm

Rent : R 22 500.00 Excl Vat Neg. Depending on Lease Period

Rent Deposit : Two Months Rent Inclusive of Vat

Electricity : Tenants Account billed each month as per EThekwini Statement

Electricity Supply : 100AMP Can be Upgraded to 150Amp

Water : Tenants Account billed each month as per Body Corporates Statement

ElectWater Deposit:: R 14 500.00 Excl Vat EThekwini Municipality Value Estimate

Max No of Remotes: 4 Cost R 350.00remote Excl. Vat

Exclusive Parking : 4 x Bays In front of factory

Customer Parking : 2 x Bays Opposite the factory on the bank side

Occupation : TBA

Lease Period : 3 -5 years Neg.

Annual Increase : 8.50 Neg. Depending on Lease Period

DOCUMENTS REQUIRED FOR RENTAL AGREEMENT

1. FICA - Company Registration Certificate CIPC

2. FICA - Company Beneficial Ownership Certificate CIPC

3. FICA - Company Proof of Address

4. FICA - Company Resolution for Appointed Person To Enter into a Lease Agreement

5. FICA - OwnersDirector Details Copy of ID

6. FICA - OwnersDirector Proof of Address

7. FICA - SARS Tax Compliance Certificate

8. Financial - Credit Reference Check on CompanyApproved Credit Agency

9. Financial - Credit Reference Check on OwnersDirectors Approved Credit Agency

10. Financial - Three Months of Bank Statements

11. References - Letter of good standing from the last Landlord

IMPORTANT NOTICES

The following industries are not permitted to trade within the complex as per the Body Corporate Management Rules:

1. Motor Vehicle Repairs

2. Manufacturing, storage or Bottling of any Hazardous Chemical

3. Wood machining or any wood work manufacturing and assembly work

4. Mixing or storing of FlammableHazardous gases

5. Brewing of Beer or Spirits of any kind

6. Manufacturing, Bottling, Mixing or recycling of any form of Motor Oils

7. Plastic Injection Moulding or Extruding or any relative industry that extrudesheats or melts any form of polyurethane products

8. Any form of Recycling business or scrap metal business

9. Any form of healthfitnessgym or aerobic training business

10. Any form of a Night clubbar, restaurant or entertainment business

11. Any form of Church, Religious or Faith Worshipping practise

The following vehicle restriction apply within the complex as per the Body Corporate Management Rules see attached road and parking layout:

1. Max Weight 8 tons

2. Max Length 12.5 meters

3. No Horse and Trailers

4. No Double Trailer Hauling

5. Max Speed Limit 25 KmHr

6. No Reversing down the drive ramp between the upper and lower level

7. No Loading or offloading on any part of common property or driveway other than in the allocated loading zone areas under any circumstances.