445 m² Retail space to let in 111 Bree Street
111 Bree Street retail space to let in Cape Town CBD
Who This Space Is Best Suited For
- Retail
- Furniture & Home Furnishings
- Sporting Goods
- Luxury Goods & Jewellery
- Apparel & Fashion
About This Space
111 Bree Street is a Premium-grade retail space development located in Cape Town CBD. The building features fibre connectivity, backup power, 24-hour security and easy freeway access. Ample parking with 10 bays available.
445m² Prime Retail to let in Loop Street, Cape Town CBD, with backup generator support. We see this ground floor space working well for businesses in Furniture & Home Furnishings, Sporting Goods, Hairdressers, Luxury Goods & Jewellery, or Apparel & Fashion, needing a prominent street-front presence and a flexible layout. The building is currently undergoing significant renovation, with scaffolding and protective netting visible on the exterior, indicating a dynamic urban setting. Inside, the unit presents as a raw shell, featuring a practical light grey concrete floor that's ready for your custom fit-out. Large, floor-to-ceiling windows dominate the front facade, ensuring ample natural light floods the interior, creating a bright and inviting atmosphere. There is very high foot traffic and exposure from a soon to be beautiful glass shop front.
This expansive 445m² commercial unit available in the heart of Cape Town CBD offers a vast, open-plan layout with high, exposed industrial ceilings, providing a sense of immense spaciousness. You'll find the walls painted a neutral light grey, offering a clean backdrop for your branding and displays. Essential infrastructure like a sprinkler system and cable trunking is already in place, setting a functional base for your operations. The property is conveniently located near the V&A Waterfront, ensuring good visibility and accessibility for customers. This space is well-equipped for modern retail demands.
The gross monthly rental for this retail space is R142,400, which works out to R320 per square meter. For parking, there are 10 basement bays available as an optional add-on, priced at R2,500 per bay per month, giving you a parking ratio of 1:5. There are also visitor parking bays. This allows for convenient access for staff and customers. The unit is in a developer shell condition, meaning you have the flexibility to design a bespoke interior that perfectly matches your brand's vision.
- Gross monthly rental: R142,400
- Optional parking: R2,500 per bay
- Fibre internet, backup generator
- Ground floor, natural light
Premium Office and Retail space to rent at City Park, a premium building and location in Cape Town CBD with high foot traffic. City Park is a P-Grade mixed-use development on Bree Street with premium office and retail space, 24/7 security, and backup power. This vibrant property, previously the Christiaan Barnard Memorial Hospital, features 2,500 m² of retail space attracting high foot traffic due to its prime location. You'll notice the bustling atmosphere created by nearby restaurants and coffee shops, making it suitable for various retail businesses, from cafes to specialty stores. Located at 111 Bree Street, City Park is easily accessible, with MyCiTi bus stops just a few minutes away and Cape Town Station within walking distance. The property is also well-connected to major routes like Buitengracht Street and Strand Street, making it convenient for customers and employees alike. Parking is available, ensuring that shoppers have easy access to the retail units. This area draws a diverse crowd from surrounding neighborhoods, enhancing the shopping experience. City Park benefits from excellent visibility, with prominent street frontage that allows for effective signage opportunities. The tenant mix includes a four-star Mama Shelter hotel and branded residences, contributing to the overall appeal of the precinct. The combination of customer amenities, such as restrooms and common areas, along with controlled access, makes this a well-managed retail environment. Ideal for food outlets, national chains, and specialty retailers, this building suits businesses looking to capitalize on the vibrant atmosphere of Cape Town CBD.
Parking
- 10 basement parking bays
Location
111 Bree Street, Cape Town, Cape Town
Frequently Asked Questions
- How much would the rental deposit be for renting this retail space?
- The estimated rental deposit is calculated on the last year's rental amount. Based on the current monthly rental of R142 400/month, the deposit would be approximately R427 200 (3 months' rental). This is an estimate and is subject to final negotiations.
- How many parking bays are available and what is the rental rate per parking bay?
- This unit includes 10 basement parking bays @ R2 500/bay/month.
- What is the minimum lease period required?
- The minimum lease period is 60 months. Please contact the broker to discuss specific lease terms.