Inospace Serviced Business Parks

Offer to Lease

Lease Agreement

THE LESSOR
Inospace 5 (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
2021/570865/07
Telephone No
087 625 0499
Email Address
grow@inospace.com
THE LESSEE
Xin Wi Wang Tours CC
Address
Unit C6 Tyger Works, Cnr Fritz Spilhaus Avenue & Jean Simonis Street, Parpw
Registration No
2003/102377/23
VAT No
4640228310
Telephone No
0219110735
Email Address
ningyuzhuo@gmail.com
Contact Person
Guang Li
Contact ID No
6301175196183
Contact Mobile No
0826282988
LEASE DETAILS
Park
Tyger Works
,
12 Jean Simonis St, Parow East, Cape Town, 7501
Unit No
C06
Monthly Rental
ZAR
63240
63240
63240
63240
.00
(Ex VAT)
Unit Size
1054
Deposit amount due
ZAR
126480
.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
May 31, 2026
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
Travel tours and related activities
Break Notice
30 Day Break (Calendar month notice required)
30 Day Break
Halfway Break
Halfway Break
Operational Costs
Proportionate share of rates, levies, refuse. As well as full cost of elec, water, sew usage.
Special Conditions
Deposit Split
Deposit Special Conditions
Lessor currently holds a cash deposit of R140 319 which the Lessor will refund plus interest once a Bank Gaurantee is recieved for the deposit of R126 480
Beneficial Occupation
-
Lease Acceptance Date
May 24, 2023
LEASE DETAILS
Park
Tyger Works
,
12 Jean Simonis St, Parow East, Cape Town, 7501
Unit No
C06
Monthly Rental
ZAR
63240
.00
(Ex VAT)
Unit Size
1054
Deposit
ZAR
126480
.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
-
Special Conditions

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
Guang Li
Signature
Jacques Weber
Place
Parow
Place
Cape Town
Date
May 24, 2023
Date
May 30, 2023
Click here to Sign
Click here to Sign

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