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
THD Africa (Pty) Ltd
Address
1 Vergezicht Estate
Registration No
2022/475856/07
VAT No
4550307872
Telephone No
0828959023
Email Address
nelina@thdafrica.co.za
Contact Person
Nelina Louw
Contact ID No
7208170001087
Contact Mobile No
0828959023
LEASE DETAILS
Park
Allandale Exchange
,
917 Morkels Close, Halfway House, Midrand, Johannesburg, 1685
Unit No
Unit 099
Monthly Rental
ZAR
28000
28000
28000
28000
.00
(Ex VAT)
Unit Size
371
Deposit amount due
ZAR
56000
.00
Lease Start Date
January 1, 2024
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
January 31, 2029
Escalation Rate
8%
10%
Utilities
On consumption
Payment Type
EFT
Utilities Meter Type
Metered
Payment Day
First day of month
Parking Bays
4
Parking Fee (Total)
ZAR
0
0
.00
(Ex VAT)
Permitted Use
Light Manufacturing
Break Notice
30 Day Break (Calendar month notice required)
30 Day Break
Halfway Break
Halfway Break
Operational Costs
Water,sewerage,Electricity & Secuity. Proportionate share rates & taxes,meter reading charges & Refuse costs.
Special Conditions
Glue to be removed off the floor upstairs by Inospace, floor to be painted by tenant and kitchen unit to be installed by tenant.
Deposit Split
Deposit Special Conditions
Beneficial Occupation
November 20, 2023
-
December 31, 2023
Lease Acceptance Date
November 17, 2023
LEASE DETAILS
Park
Allandale Exchange
,
917 Morkels Close, Halfway House, Midrand, Johannesburg, 1685
Unit No
Unit 099
Monthly Rental
ZAR
28000
.00
(Ex VAT)
Unit Size
371
Deposit
ZAR
56000
.00
Lease Start Date
January 1, 2024
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
November 20, 2023
-
December 31, 2023
Special Conditions
Glue to be removed off the floor upstairs by Inospace, floor to be painted by tenant and kitchen unit to be installed by tenant.

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
Nelina Louw
Signature
Jacques Weber
Place
Sandton
Place
Cape Town
Date
November 17, 2023
Date
January 23, 2024
Click here to Sign
Click here to Sign

LT l Storage Lease l 20210708

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