139 m² Retail space to let in 8 Riebeek Street
8 Riebeek Street retail space to let in Cape Town CBD
Video Tour
Who This Space Is Best Suited For
- Retail
- Apparel & Fashion
- Consumer Goods
- Luxury Goods & Jewellery
- Food & Beverages
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.
139 sqm prime retail to let in 8 Riebeek Street in Cape Town CBD. This commercial space is ideal for businesses in the retail, apparel, fashion, consumer goods, luxury goods, jewellery, food and beverage industries, offering a fantastic opportunity to establish a presence in a bustling area. We think this Cape Town CBD property to rent will be great for any retailer looking to grow.
The unit features a wide, inviting storefront with floor-to-ceiling glazing, ensuring excellent natural light and visibility of the reddish-brown brickwork sidewalk. The open-plan layout features a durable, neutral-toned concrete floor, perfect for displaying merchandise and creating an inviting atmosphere. The ceiling is a suspended grid with modern LED panel lighting, ensuring a bright and well-lit environment. The large windows provide a clear view of the street, which is lined with palm trees, suggesting a high-foot-traffic location. We can see the proportions of the unit are wide and shallow, offering a substantial street presence and display area.
This commercial space in Cape Town CBD is open for occupation immediately with fibre internet and backup generator. Air conditioning ensures comfort for staff and customers alike, and natural light floods the interior through expansive windows. This space is definitely a business hub in Cape Town CBD rentals. The gross monthly rental is R41,700, at a rate of R300/sqm per month. Optional parking bays are available in the basement at R1,850 per bay per month, at a parking ratio of 1:2.
Property features:
- Monthly Rental: R41,700 gross
- Optional parking: R1,850 per bay
- Fibre internet connectivity available
- Backup generator for reliable power
- Prime Cape Town CBD location
- Air conditioning included
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 R41 700/month, the deposit would be approximately R83 400 (2 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.