107 m² Retail space to let in 8 Riebeek Street
8 Riebeek Street retail space to let in Cape Town CBD
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Who This Space Is Best Suited For
- Retail
- Apparel & Fashion
- Luxury Goods & Jewellery
- Sporting Goods
- Furniture & Home Furnishings
About This Space
8 Riebeek Street is a A-grade retail space development located in Cape Town CBD. The building features fibre connectivity, backup power, 24-hour security and easy freeway access.
107 sqm prime retail space to let in 8 Riebeek Street in the Cape Town CBD. This commercial space is perfect for businesses seeking a prime location in a bustling business hub. The unit offers a fantastic open-plan layout with a reception counter to welcome clients. The space offers a neutral backdrop which is suitable for a number of fit-out options.
Located in the heart of Cape Town CBD, this retail unit provides excellent street visibility with its wide floor-to-ceiling glass shopfront. The interior features light grey geometrically patterned porcelain tile flooring and a suspended grid ceiling with modern LED strip lighting, ensuring a bright and welcoming atmosphere. The space is fibre-ready and benefits from a backup generator, ensuring uninterrupted business operations. A functional commercial kitchen is included, equipped with stainless steel countertops, a double sink area, and a powerful extraction hood. With the kitchen it's easy to see this can be utilized for culinary operations. For parking, the unit has 4 basement bays available at R1,850 per bay per month, at a parking ratio of 1:2.
We think this space would suit businesses looking to be near the commercial activity of Cape Town CBD. The gross monthly rental comes to R32,100 at R300/sqm per month. The unit features a wide frontage ideal for product displays, along with an open-plan area that comfortably accommodates a substantial retail display. The retail space has a raised, curved platform with bright green steps, which could be used as a focal point for displays.
Property features:
- R32,100 gross monthly rental
- 4 Parking bays available
- Fibre internet connectivity included
- Backup generator available
- Prime Cape Town CBD location
- Ready for occupation now
Flexible A Grade Office Space to let at 8 Riebeek Street, a prime location in Cape Town City Centre. Mixed. 8 Riebeek Street is an A-Grade mixed-use development on Riebeek Street with retail and office spaces, 24/7 security, and a robust ventilation system. This building features street-level shops, a middle floor, and 17 levels of office spaces, making it a versatile choice for various businesses. Conveniently located near Adderley Street and Hans Strijdom Avenue, 8 Riebeek Street offers efficient access routes and is close to public transport hubs, including a nearby train station. The building caters to a mix of tenants, from professional services to retail operators, with flexible space options suitable for service businesses and showrooms. Most tenants here benefit from the amenities such as four elevators, well-equipped kitchen facilities, boardroom space, and a reception area on each office floor. Ample basement parking is available. The combination of flexible unit sizes and its central location makes it ideal for businesses looking to establish themselves in a bustling commercial node. The Cape Town CBD is known for its vibrant economic activity, attracting a diverse range of businesses. This area is particularly popular among those needing accessibility for both staff and customers, with easy access to major transport routes feeding into the city. Mixed-use developments like 8 Riebeek Street attract commuters from surrounding suburbs, making it a practical choice for businesses that value connectivity. Ideal for professional services, the adaptability of the spaces at 8 Riebeek Street offers businesses the opportunity to thrive in a competitive environment.
Parking
- 4 basement parking bays
Location
8 Riebeek Street, Cape Town City Centre, Cape Town, South Africa, 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 R32 100/month, the deposit would be approximately R96 300 (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 4 basement parking bays @ R1 850/bay/month.
- What is the minimum lease period required?
- The minimum lease period is 36 months. Please contact the broker to discuss specific lease terms.