Retail to let in Foreshore, Cape Town
Web Ref: 1030817
TOUCHSTONE HOUSE A SOUGHT-AFTER RENTAL OFFICE AND RETAIL ICON.
Touchstone House is one of Cape Town`s historic precincts. This iconic building is a mixed-use complex that is rebuild of a historic site. The ground floor offers a retail component with an interactive streetscape while floors 5 to 14 offer premium office space. There are also 8 parking levels, quite unusual in the city. Most of the suites have spectacular city views and tenants also have access to an entertainment area and cafeteria, located on the top floor. Touchstone House is located in the less congested and highly sought-after lower end of Breë Street, close to the CTICC and Waterfront.
This unit on the ground floor, offers the tenant the following:
Rental: R260m²p/m, Vat Excl.
Rentable Area: 80m².
Parking: R1,500.00p/m, Vat Excl, per bay.
Parking Ratio: 1:100 (1) bay.
Lease Period: A 3 year lease is preferred, which offers 1 month`s free rental in lieu of fit out cost.
A 5 year lease, offers 2 month`s free rental in lieu of fit out cost.
Electricity & water: Pro rata to floor area/as charged by Body Corporate/Landlord.
Security Deposit: Two months deposit payable equal to the sum of the first months rental and the last months rental of the lease agreement.
Escalation fees: 8.50% per annum.
This stunning retail unit, offers the following as well to the tenant:
A large open plan area.(White Box).
Private rest room facilities.
Beautiful views of the CBD.
The building directly across the road, when completed, will house ±350 residential units, which will increase the foot traffic dramatically.