400m² Retail To Let in Somerset West Central

R81,400 pm

1 Paardevlei Sentrum

Web Ref No RS400

NEW RUSH ROAD | RETAIL SPACE TO RENT | PAARDEVLEI SENTRUM, SOMERSET WEST | 400M²

Prime retail space available for rent at Paardevlei Sentrum, located on New Rush Road in Somerset West. This 400m² unit is strategically positioned near Checkers and the Busamed Paardevlei Lifestyle Estate, ensuring high visibility and significant foot traffic. The space is part of a recently renovated complex featuring a Checkers anchor tenant, communal parking, and ablutions, providing convenience for both tenants and customers.

The retail unit boasts an insulated ceiling, wooden flooring, and an outside seating area, making it ideal for a variety of retail or dining establishments. With ample signage opportunities and open parking, this location is perfect for businesses looking to attract and serve a steady stream of customers. Additional costs include a rear outside seating area of approximately 151m², operational costs of R15,466.00, rates of R1,738.87, an insurance levy of R1,738.87, and a marketing fee of R2,849.00. The lease terms include a 7% escalation, a 7% turnover clause, a lease term of 5 years, and a beneficial occupation period of 60 days. Pricing and additional costs are to be confirmed.