Retail Space to Rent New Town, Umhlanga
189m2 retail space available to rent in New Town, Umhlanga.
Discover a prime retail opportunity in Park Square, Umhlanga. This subject space spans 189 sqm, complemented by an additional 33 sqm outdoor seating area, ideal for a restaurant setting. The unit offers a double-volume layout, allowing for a vibrant ambiance that harmonizes with stylish décor. Upstairs, an additional space leads to the inviting 33 sqm outside area, creating a seamless indoor-outdoor experience. A well-equipped kitchen is included, and the option to purchase additional equipment is available. Lease terms include an 8% annual escalation, a 4-month rental deposit, and a one-month basic operating cost.
Park Square, nestled in the Umhlanga Ridge hub, is a bustling retail and business destination. Its prime location, adjacent to CJ Saunders Park, attracts a diverse clientele seeking a hassle-free shopping experience, delectable dining options, and a relaxing atmosphere to bask in the Durban sunshine. With its stylish design and vibrant ambiance, this retail space offers immense potential for entrepreneurs aiming to establish a standout presence in this thriving location. The outside area spans 33 sqm and can be utilized for additional seating, providing an inviting environment for customers to enjoy. The total rental price, excluding VAT, is R54,780, with separate costs for the outside area at R2,805.
Contact Bradley at Spire today for further details!
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Exterior
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New Town Centre, Umhlanga
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