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
Zeming R5 Store CC
Address
66 Van Riebeeck Road, Kuilsriver, Cape Town
Registration No
2010/079246/23
VAT No
4270261128
Telephone No
083 357 5041
Email Address
jw_quan@163.com
Contact Person
Zeming Chen
Contact ID No
71112046002180
Contact Mobile No
0847594866
LEASE DETAILS
Park
Tyger Works
,
12 Jean Simonis St, Parow East, Cape Town, 7501
Unit No
B04,B05,B06
Monthly Rental
ZAR
76300
76300
76300
76300
.00
(Ex VAT)
Unit Size
351,238,501
Deposit amount due
ZAR
152600
.00
Lease Start Date
September 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
August 31, 2028
Escalation Rate
9%
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 Warehouse
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
Annexure A- Surety, Annexure B - Resolution, Annexure C - Lessee requirements , which will be paid for by the Lessee.
Deposit Split
Deposit Special Conditions
Beneficial Occupation
-
Lease Acceptance Date
LEASE DETAILS
Park
Tyger Works
,
12 Jean Simonis St, Parow East, Cape Town, 7501
Unit No
B04,B05,B06
Monthly Rental
ZAR
76300
.00
(Ex VAT)
Unit Size
351,238,501
Deposit
ZAR
152600
.00
Lease Start Date
September 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
9%
Goods Stored
Beneficial Occupation
-
Special Conditions
Annexure A- Surety, Annexure B - Resolution, Annexure C - Lessee requirements , which will be paid for by the Lessee.

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)