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Prime Adderley Street retail investment with established fast-food tenant on a new three-year lease (R21,000 pm plus VAT, 7% annual escalation). 73m²; R1.9m plus VAT (VAT vendor can zero-rate).
R1,9 mil plus Vat, can be zero-rated if the purchaser is a Vat Vendor
Currently a fast-food business in Adderley Street, who have entered into a new three-year lease as from 1st May 2025, at R21, 000 PM plus Vat, escalating @ 7% PA
City and Atlantic Real Estate cc Trading as RE/MAX Living, an independently owned and operated franchise of RE/MAX SA. Registered with the PPRA.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,900,000
Cape Town City Centre is a vibrant and dynamic hub for business, offering a diverse range of commercial opportunities and a well-established infrastructure for various industries.
* Distances and amenities are approximate.
