Inospace Serviced Business Parks

Offer to Lease

Lease Agreement

THE LESSOR
Inospace 2 (Pty) Ltd
Address
50 Electron Ave, Isando, Johannesburg, 1600
50 Electron Ave, Isando, Johannesburg, 1600
The Block, 51 Wale Street, Cape Town, 8001
The Block, 51 Wale Street, Cape Town, 8001
The Block, 51 Wale Street, Cape Town, 8001
The Block, 51 Wale Street, Cape Town, 8001
The Block, 51 Wale Street, Cape Town, 8001
The Block, 51 Wale Street, Cape Town, 8001
The Block, 51 Wale Street, Cape Town, 8001
The Block, 51 Wale Street, Cape Town, 8001
The Block, 51 Wale Street, Cape Town, 8001
The Block, 51 Wale Street, Cape Town, 8001
7 Crocker Rd, Wadeville, Germiston, Johannesburg, 1428
The Block, 51 Wale Street, Cape Town, 8001
The Block, 51 Wale Street, Cape Town, 8001
40 Electron Ave, Isando, Kempton Park, Johannesburg, 1600
The Block, 51 Wale Street, Cape Town, 8001
Registration No
2007/019214/07
Telephone No
087 625 0499
Email Address
grow@inospace.com
THE LESSEE
Estella Group (PTY) LTD
Address
Central Office Park No4, 257 Jean Ave, Centurion, Gauteng 0157
Registration No
2021/718798/07
VAT No
N/A
Telephone No
083 269 3906
Email Address
monica.bellati@estellagroup.co.za
Contact Person
Monica Bellati
Contact ID No
YB7611089
Contact Mobile No
083 269 3906
LEASE DETAILS
Park
Silo Exchange
,
19 Brug St, Triangle Farm, Bellville, Cape Town, 7530
Unit No
WS07,029,030,031,038,041,040,042,WS06
Monthly Rental
ZAR
138335
138335
138335
138335
.00
(Ex VAT)
Unit Size
1500,1219
Deposit amount due
ZAR
0
.00
Lease Start Date
June 1, 2023
Once Off Admin Fee
ZAR 950.00 (Ex VAT)
ZAR 950.00 (Ex VAT)
ZAR 2650.00 (Ex VAT)
ZAR110.00 (Ex VAT)
ZAR 950.00 (Ex VAT)
ZAR 0.00 (Ex VAT)
Lease End Date
February 28, 2027
Escalation Rate
8%
10%
Utilities
On consumption
Payment Type
EFT
Utilities Meter Type
Submeter
Payment Day
First day of month
Parking Bays
Parking Fee (Total)
ZAR
0
0
.00
(Ex VAT)
Permitted Use
Packing and distribution of ladies hosiery
Break Notice
30 Day Break (Calendar month notice required)
30 Day Break
Halfway Break
Halfway Break
Operational Costs
Proportionate share of rates, CID levy, refuse, meter reading costs
Special Conditions
Attached Annexures: Company resolution, Deed of Surety, Diagram of premises // The Lessee will give back WS12 and will ensure the space is reinstated by 30 April 2023.
Deposit Split
Deposit Special Conditions
The Lessor already holds a deposit of R178K
Beneficial Occupation
June 1, 2023
-
July 31, 2023
Lease Acceptance Date
LEASE DETAILS
Park
Silo Exchange
,
19 Brug St, Triangle Farm, Bellville, Cape Town, 7530
Unit No
WS07,029,030,031,038,041,040,042,WS06
Monthly Rental
ZAR
138335
.00
(Ex VAT)
Unit Size
1500,1219
Deposit
ZAR
0
.00
Lease Start Date
June 1, 2023
Once Off Admin Fee
ZAR 950.00 (Ex VAT)
ZAR 950.00 (Ex VAT)
ZAR 2650.00 (Ex VAT)
ZAR 110.00 (Ex VAT)
ZAR 950.00 (Ex VAT)
ZAR 0.00 (Ex VAT)
Value of Goods
Escalation Rate
8%
Goods Stored
Beneficial Occupation
June 1, 2023
-
July 31, 2023
Special Conditions
Attached Annexures: Company resolution, Deed of Surety, Diagram of premises // The Lessee will give back WS12 and will ensure the space is reinstated by 30 April 2023.

Signature by the Lessee shall constitute an offer to lease in favour of the Lessor to lease the Unit (inclusive of any parking or yard, if applicable) on the terms and conditions contained herein. This offer to lease shall remain open for 7 (seven) days from the date of receipt by the Lessee, should the Lessee not sign within this time period the offer to lease shall lapse. Signature of this offer to lease by the Lessor shall indicate acceptance of the Lessee’s offer and shall give rise to a binding Lease Agreement.

Terms & Conditions

For and on behalf of the LESSEE, who is duly authorised to sign hereto.
For and on behalf of the LESSOR, who is duly authorised to sign hereto.
Signature
Signature
Place
Place
Date
Date
Click here to Sign
Click here to Sign

LT l Storage Lease l 20210708

LT l Mini-Midi (Vs2) (06/21)