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
Golden Rewards 1388 CC
Address
54 HALT ROAD ELSIES RIVER, CAPE TOWN
Registration No
2007/081109/23
VAT No
4250251560
Telephone No
0844502707
Email Address
reinhard@amatekkie.co.za
Contact Person
Reinhard Barnard
Contact ID No
7412145951182
Contact Mobile No
0844502707
LEASE DETAILS
Park
Tyger Works
,
12 Jean Simonis St, Parow East, Cape Town, 7501
Unit No
B11,B10,B09,B08,B07
Monthly Rental
ZAR
100800
100800
100800
100800
.00
(Ex VAT)
Unit Size
269,269,269,269,268
Deposit amount due
ZAR
268800
.00
Lease Start Date
October 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
September 30, 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
Wholesale and distribution of perfumes
Break Notice
30 Day Break (Calendar month notice required)
30 Day Break
Halfway Break
Halfway Break
Operational Costs
Water, sewerage and electricity. Proportionate share of rates and taxes, CID levy, refuse costs and meter reading charges.
Special Conditions
The LESSOR will create an opening between each unit to allow for flow of stock. The LESSEE will ensure the wall is restored to the LESSORS specification when they vacate. The lease start date is subject to change should the project not be completed.
Deposit Split
Deposit Special Conditions
Beneficial Occupation
-
Lease Acceptance Date
May 6, 2023
LEASE DETAILS
Park
Tyger Works
,
12 Jean Simonis St, Parow East, Cape Town, 7501
Unit No
B11,B10,B09,B08,B07
Monthly Rental
ZAR
100800
.00
(Ex VAT)
Unit Size
269,269,269,269,268
Deposit
ZAR
268800
.00
Lease Start Date
October 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
The LESSOR will create an opening between each unit to allow for flow of stock. The LESSEE will ensure the wall is restored to the LESSORS specification when they vacate. The lease start date is subject to change should the project not be completed.

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
Wenliang Lin
Signature
Jacques Weber
Place
Parow
Place
Cape Town
Date
May 6, 2023
Date
May 10, 2023
Click here to Sign
Click here to Sign

LT l Storage Lease l 20210708

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