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
Smartboy Food Services CC
Address
Unit1 , 229 Inanda Road, Entrance via Peters Road South, Inside China Boutique and Maharani Tiles Complex
Registration No
2003/104509/23
VAT No
4940211248
Telephone No
0826666655
Email Address
smartboy@ispace.co.za
Contact Person
Samir Mistry
Contact ID No
8006055149087
Contact Mobile No
0826666655
LEASE DETAILS
Park
Electron Exchange
,
50 Electron Avenue, Isando, Johannesburg, 1600
Unit No
Unit 57
Monthly Rental
ZAR
17500
17500
17500
17500
.00
(Ex VAT)
Unit Size
273
Deposit amount due
ZAR
11100
.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, 2025
Escalation Rate
8%
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
Food Storage
Break Notice
30 Day Break (Calendar month notice required)
30 Day Break
Halfway Break
Halfway Break
Operational Costs
Water, Sewer and Electricity. Proportionate share of rates and taxes, CID levy, refuse costs and meter reading charges.
Special Conditions
2x basic wall mounted plugs to be installed by landlord.
Deposit Split
2 Months
Deposit Special Conditions
Current deposit held - R23 900. Deposit top up of R11 100 needed. R5550 to be paid on 1 Oct, R5550 to be paid on 1 Nov.
Beneficial Occupation
-
Lease Acceptance Date
September 28, 2023
LEASE DETAILS
Park
Electron Exchange
,
50 Electron Avenue, Isando, Johannesburg, 1600
Unit No
Unit 57
Monthly Rental
ZAR
17500
.00
(Ex VAT)
Unit Size
273
Deposit
ZAR
11100
.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
50 000
Escalation Rate
8%
Goods Stored
Food Storage
Beneficial Occupation
-
Special Conditions
2x basic wall mounted plugs to be installed by landlord.

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
Samir Mistry
Signature
Jacques Weber
Place
Durban
Place
Cape Town
Date
September 28, 2023
Date
September 29, 2023
Click here to Sign
Click here to Sign

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