Inospace Serviced Business Parks

Offer to Lease

Lease Agreement

THE LESSOR
InoFort (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
2019/173145/07
Telephone No
087 625 0499
Email Address
grow@inospace.com
THE LESSEE
Open Food Group (Pty) Ltd
Address
2 MARTHA ST,MARLBORO,JOHANNESBURG,ZA,2090
Registration No
2016/229320/07
VAT No
4920275767
Telephone No
011-7844000
Email Address
tamar@openfood.co.za
Contact Person
Tamar Klonarides
Contact ID No
6412050164087
Contact Mobile No
0828949610
LEASE DETAILS
Park
Maitland Business Exchange (8th Ave)
,
8th Avenue, Maitland, Cape Town, 7404
Unit No
Unit 07,Unit 08
Monthly Rental
ZAR
39900
39900
39900
39900
.00
(Ex VAT)
Unit Size
254,254
Deposit amount due
ZAR
79800
.00
Lease Start Date
June 15, 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
August 31, 2026
Escalation Rate
8%
10%
Utilities
On consumption
Payment Type
EFT
Utilities Meter Type
Prepaid meter
Payment Day
First day of month
Parking Bays
5
Parking Fee (Total)
ZAR
0
0
.00
(Ex VAT)
Permitted Use
Mass production kitchen
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 ensure the floor is clean and painted. The LESSEE has permission to install extraction and additional plumbing which must be submitted to the park manager prior to work beginning.
Deposit Split
Deposit Special Conditions
Beneficial Occupation
June 15, 2023
-
August 15, 2023
Lease Acceptance Date
LEASE DETAILS
Park
Maitland Business Exchange (8th Ave)
,
8th Avenue, Maitland, Cape Town, 7404
Unit No
Unit 07,Unit 08
Monthly Rental
ZAR
39900
.00
(Ex VAT)
Unit Size
254,254
Deposit
ZAR
79800
.00
Lease Start Date
June 15, 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 15, 2023
-
August 15, 2023
Special Conditions
The LESSOR will ensure the floor is clean and painted. The LESSEE has permission to install extraction and additional plumbing which must be submitted to the park manager prior to work beginning.

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

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