R70,840 pm
R70,840 pm
Price per m²
R110 Excl. VAT
R110 Excl. VAT
Lease Period
36 months
36 months
Availability
Negotiable
Negotiable
Annual Escalation
8 %
8 %
Prime Retail/Showroom Space to Lease in Tetford Circle, Umhlanga
Prime Property presents a remarkable 644m2 retail unit/ showroom to lease in Somerset Park, Umhlanga.
The retail/showroom is situated in a Park that consists of a prominent tenant mix in the home improvement sector. The landlord is looking for a tenant who will compliment the tenant mix and create a great synergy in the Park.
Conveniently situated at the heart of Umhlanga Ridge, the Park is in close proximity to all amenities in the area. Its strategic position extends to being adjacent to the M41 and N2 highways.
Rental Price:R70 840.00 ex vat.
Showroom Size 644sqm - R110.00m2.
Basement Size: 424sqm - R25.00m2. (additional cost. Not included in showroom price).
Total Size:1068m2.
Operating Cost separate.
Electricity -Prepaid meter.
Other utilities charged by the Landlord (refuse, water and sewage) Common Area electricity contribution – pro rata.
Annual Escalation - 8% per annum.
Minimum 3 year lease.
Availability: Negotiable.
Features Include:
-Large open plan showroom components with glass front doors and large windows make the unit light and airy.
-Storage space, kitchen and ablutions on the retail level.
-Mezzanine level with open plan office , partitioned office, large boardroom, kitchen. This space can be used as offices or additional retail space.
-Safe and secure park with security on site 24/7. Gated Park.
-Ample parking space.
-Great exposure and branding opportunity(N2 side allowed).
Contact me for more information. This gem of a site will not be available for long.
Features
Zoning:
Retail
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Exterior
Security
Yes
Sizes
Floor Size
644m²
Somerset Park, Umhlanga
Hard to believe that Umhlanga, the buzzing residential, commercial and resort suburb just outside of Durban, was once a seaside resort town called Umhlanga Rocks. During the early seventies it merged with La Lucia to become what it is today - Umhlanga - pronounced Umshlanga and meaning “place of reeds” in Zulu.
Things have changed rather radically since the town acquired its suburban status. It...
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Disclaimer: While every effort will be made to ensure that the information contained within the Prime Property website is accurate and up to date, Prime Property makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
