670 m² Commercial space in Lambton
28 Degrees North Shopping Centre [removed] Prime Retail Space to Let in Lambton, Germiston
Located in the bustling 28 Degrees North Shopping Centre on Webber Road, Lambton, this spacious 670m2 retail space offers a prime opportunity for your business. Situated in Shop 3, this spacious open plan unit boasts ample natural light and air conditioning. The space is fitted with standard lighting, a kitchen, and bathroom facilities to meet your business needs. There''s ample parking available for customers, ensuring a convenient shopping experience.
The surrounding amenities are a major draw for potential tenants. With anchor tenants such as Pick n Pay, Nedbank, McDonald''s, and Super Quick, the centre attracts high foot traffic, making it an ideal location for a variety of businesses. Operational costs average, R5500 per month, and the space is available at R200/m2 excluding VAT and utilities, with an 8% annual escalation. A deposit of R369,000 is required, and the minimum lease term is five years.
Lambton, Germiston, is a thriving suburb known for its easy accessibility and growing commercial presence. Positioned near key transport routes, this area offers excellent visibility and is a short distance from Johannesburgs central business hubs. Tenants can benefit from the local communitys strong retail demand and the shopping centres established customer base.
Property details
- Listing number RR4220359
- Property type Commercial
- Listing date 3 Oct 2024
- Floor size 670 m²