103 m² Retail Space in Meadowridge
This manageably sized retail pocket will become available at the popular Park n Shop Centre in Meadowridge with occupation from 01 April 2025.
The centre is mainly catering to Meadowridge, Bergvliet, Kirstenhof, Tokai, Constantia and is further supplemented by traffic to a few nearby schools. The anchors are Checkers, Woolworths and Clicks who pull in a steady flow of medium to high LSM shoppers.
Vacancies are a rarety in this centre and this stores location directly next to Woolworths provides a clear advantage for most retailers. The store was previously an absa branch, and offers a few conveniences such as aircon and good lighting already in place. There is a rear loading zone and small kitchenette/rec room in place.
The centre has undergone a stunning revamp. With multiple outdoor seating areas for the various restuarants the centre now has a warm and welcoming look and feel.
The owners are specifically looking for a retailer that will compliment the centre and won''t likely take in a duplicate offering.
There is a turn-over rental of 5% over and above the quoted rental. With good Tenant installation on offer and a busy well run centre, this is a prime opportunity.
Please make contact with Mathew to discuss and secure a viewing.
Property details
- Listing number RR4052435
- Property type Retail
- Listing date 12 Mar 2024
- Land size 8 800 m²
- Floor size 103 m²