947 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
- Apparel & Fashion
- Luxury Goods & Jewellery
- Cosmetics & Beauty Supply
- Sporting Goods
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.
947m² Premium Retail to let in Loop Street, Cape Town CBD, with natural light streaming through large openings. We see this space working well for a range of businesses, from Apparel & Fashion to Luxury Goods & Jewellery, needing generator backup and fibre connectivity. This ground floor commercial unit available is currently in a raw, industrial shell condition, offering a blank canvas for a bespoke fit-out. The expansive concrete flooring provides a durable base, while the exposed concrete ceiling, approximately 3 meters high, features visible red piping for the sprinkler system and metal trunking for services. The walls are a mix of newly plastered white sections and unfinished concrete, ready for a tenant's specific design.
The property is undergoing significant renovation, as evidenced by the scaffolding and temporary barriers visible from the street, but the underlying structure provides a strong foundation for a modern retail establishment. With a gross rate of R320/sqm per month, the gross monthly rental for this substantial space comes to R303,040. The generous proportions mean it could comfortably accommodate a large retail operation, with ample floor space for displays and customer circulation. Fibre internet is available, ensuring excellent connectivity, and a backup generator provides essential power support. The location in Cape Town CBD is a bustling urban environment, close to the V&A Waterfront, offering good foot traffic potential.
- Gross monthly rental: R303,040
- Gross rate: R320/sqm
- Optional parking bays available
- Fibre internet connectivity
- Backup generator support
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.
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 R303 040/month, the deposit would be approximately R909 120 (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?
- Parking allocation and rates should be confirmed directly. Please enquire for details.
- What is the minimum lease period required?
- The minimum lease period is 60 months. Please contact the broker to discuss specific lease terms.