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
MTK Group (Pty) Ltd
Address
7082 Mobung STR ROODEKOP EXT 31
Registration No
2020/894231/07
VAT No
4680301191
Telephone No
0764579227
Email Address
service@mtkgroup.co.za
Contact Person
Ndhlovu Anastacia
Contact ID No
9601241200084
Contact Mobile No
0714613884
LEASE DETAILS
Park
Wadeville Works
,
7 Crocker Rd, Wadeville, Germiston, 1428
Unit No
Unit 09
Monthly Rental
ZAR
9850
9850
9850
9850
.00
(Ex VAT)
Unit Size
147
Deposit amount due
ZAR
19700
.00
Lease Start Date
February 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
February 28, 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
Forklift Service and Hire
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
Deposit Split
0 Months
Deposit Special Conditions
Beneficial Occupation
February 1, 2024
-
February 29, 2024
Lease Acceptance Date
January 15, 2024
LEASE DETAILS
Park
Wadeville Works
,
7 Crocker Rd, Wadeville, Germiston, 1428
Unit No
Unit 09
Monthly Rental
ZAR
9850
.00
(Ex VAT)
Unit Size
147
Deposit
ZAR
19700
.00
Lease Start Date
February 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
10%
Goods Stored
Beneficial Occupation
February 1, 2024
-
February 29, 2024
Special Conditions

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
Anastacia Ndhlovu
Signature
Jacques Weber
Place
Germiston
Place
Cape Town
Date
January 15, 2024
Date
January 16, 2024
Click here to Sign
Click here to Sign

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