120 m² Retail Space in Cape Town City Centre
COMMERCIAL RETAIL & LIVING/OFFICE SPACE
This double storey building is located in the heart of a busy pocket of the Cape Town City Centre.
Located next to the infamous Truth Coffee Roasting and surrounded by apartments and commercial stores, this property is strategically positioned for someone looking to invest.
The space would allow for separate tenant incomes across the two floors if required. The ground floor space, that opens directly to the street, is half of the floor space @ 60sqm with the first floor offering the same space totalling 120sqm.
Advertising space on the side of the building also generates a fair monthly income due to visibility.
Current tenant lease, which the tenant is happy to extend and will be ceded to new owner, is running until December 2027. Good long standing, reliable tenant.
Property details
- Listing number T4774404
- Property type Retail
- Listing date 4 Sep 2024
- Land size 120 m²
- Floor size 120 m²
- Rates and taxes R 1 950