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R250 per m²

Gross Monthly Rental
R94,000 Excl. VAT
Lease Period
60 months
Availability
Immediately
Deposit
R250,000

376sqm Retail In Durban CBD Available To Let

Prime 376sqm Retail in Durban CBD, Smith Street available to Let. Prime corner retail shop with great shop glass frontage facade. Corner of Anton Lembede and Fenton Lane. The shop is immaculate conditioned with tiled floors and largely open plan space with storage space towards the back of shop and on the left-hand side. Currently a clothing store. Looking for a fast-food brand or national retailer.

Shop located on the new widened pavement node of smith street which creates larger volumes of street traffic walking pass therefore will be easily visible by consumers. The Shop is located on the ground floor of a well-known office building. Located across the road from Shoprite checkers, Various clothing stores and food outlets in addition to 2-minute walk from Durdoc hospital. With the mix use trend of Durban central there are a few residential student accommodation blocks in close proximity to the store.

Smith Street, now known as Anton Lembede Street, is the historic heart of Durban's Central Business District (CBD). It's a major commercial and office hub, characterized by a mix of historic and modern buildings. The street is known for its vibrant retail sector, including shops, restaurants, and informal traders. It's also a focal point for businesses needing access to the City Hall, High Court, and related amenities. The CBD, including Smith Street, has excellent transport links, including trains, buses, taxis, and major freeways like the N3 and N2.

Commercial and Office Hub, Smith Street is the main artery for commercial and office activity in Durban's CBD.
Retail and Informal Trade,The street is a thriving retail area with a mix of established stores and informal traders.
Historical Significance, As the oldest street in Durban, it boasts historical landmarks and buildings, including City Hall and the Playhouse. Proximity to Amenities It offers convenient access to amenities like restaurants, coffee shops, banks, and retail stores.

For More info Contact Broker

Features

0
0
Zoning:
Retail
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Power Amps
60
Exterior
Security
Yes
Sizes
Floor Size
376m²
Land Size
1,500m²
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
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Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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