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
ZEPPELIN INFLATABLES (PTY) LTD
Address
Unit 15 - Inospace Sandton Works, No.44-15th Street - Marlboro
Registration No
1999/014950/07
VAT No
4600192514
Telephone No
011 - 262 2061
Email Address
duncan@zeppelin.co.za
Contact Person
Duncan Boggett
Contact ID No
670814 5179 08 3
Contact Mobile No
083 600 4877
LEASE DETAILS
Park
Sandton Works
,
44 15th Street, Eastgate, Sandton, Johannesburg, 2090
Unit No
Unit 15
Monthly Rental
ZAR
22950
22950
22950
22950
.00
(Ex VAT)
Unit Size
289
Deposit amount due
ZAR
45900
.00
Lease Start Date
May 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
April 30, 2025
Escalation Rate
10%
10%
Utilities
On consumption
Payment Type
EFT
Utilities Meter Type
Metered
Payment Day
First day of month
Parking Bays
2
Parking Fee (Total)
ZAR
0
0
.00
(Ex VAT)
Permitted Use
Manufacturing of inflatables
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, refuse costs and meter reading charges.
Special Conditions
Tenant may install solar panels at their cost, subject to the Landlord's written approval.
Deposit Split
0 Months
Deposit Special Conditions
Deposit currently held R40,000. A top up amount of R5,900 is payable on signature of the lease.
Beneficial Occupation
-
Lease Acceptance Date
May 22, 2023
LEASE DETAILS
Park
Sandton Works
,
44 15th Street, Eastgate, Sandton, Johannesburg, 2090
Unit No
Unit 15
Monthly Rental
ZAR
22950
.00
(Ex VAT)
Unit Size
289
Deposit
ZAR
45900
.00
Lease Start Date
May 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
10%
Goods Stored
Beneficial Occupation
-
Special Conditions
Tenant may install solar panels at their cost, subject to the Landlord's written approval.

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
Duncan John Boggett
Signature
Jacques Weber
Place
Zeppelin Inflatables - Marlboro
Place
Cape Town
Date
May 22, 2023
Date
May 22, 2023
Click here to Sign
Click here to Sign

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