76 m² Retail space to let in Palm Grove Centre
Palm Grove Centre retail space to let in Durbanville
Video Tour
Who This Space Is Best Suited For
- Retail
- Banking
- Tech or digital businesses needing reliable connectivity
About This Space
Palm Grove Centre is a B-grade retail space development located in Durbanville. The building features fibre connectivity, 24-hour security and easy freeway access.
Looking for a retail spot for your business in Durbanville? This 76m² commercial space in Palm Grove Centre could be just what you need. It's a versatile space that suits various business uses and offers a solid foundation for getting things done in Cape Town.
The layout includes a private office, perfect for focused work, and a open-plan area that's great for setting up your business. There's also a functional kitchen for your convenience and communal bathroom facilities. The space is a corner unit with direct exposure towards passing by traffic and features light coloured walls and ceilings with excellent light. Flooring has been removed and the unit is currently in white-box state.
The unit comes with air conditioning to keep you comfortable year-round. You'll also appreciate the fibre connectivity that is available, ensuring fast internet access. The building also offers 24/7 security on site so you can have peace of mind. What makes this retail space different to the rest is, the Landlord offers a TI allowance of one month nett rental rate per year of lease signed, subject to it being a minimum of 3 year lease.
Now, let's talk costs. The nett rent rate is R275/m² per month, bringing the base rental to R20,900 per month (76m² × R275/m²) plus rates and taxes of R17.93/m² per month (76m² x R17.93/m²) bring it to R1 362.68. The total monthly rental is R22 262.68 per month excluding VAT and utilities.
PROPERTY FEATURES:
- Corner unit with excellent exposure
- 1 Private Office
- Open-plan Area
- 1 Kitchen
- TI Allowance given
- Air conditioning
- Fibre connectivity
- Good natural light
- 24 Hour Security
Explore retail to let in Durbanville with solid foot traffic and top anchor tenants. Retail to let in Durbanville — Palm Grove Centre is a versatile retail park located at the corner of Church Street and Main Road, featuring a total GLA of 5000m², 24/7 security, and backup power. This centre is designed for businesses that value visibility and accessibility, with street-level shops and renovated offices above. When you pull into Palm Grove Centre, you’ll notice the immediate presence of well-known anchor tenants like Super Spar, Roccomamas, Stones, and Nedbank. This mix of national chains and local retailers ensures a steady flow of foot traffic, making it an ideal location for retail businesses looking to attract customers. The centre benefits from excellent street frontage and signage opportunities, allowing your business to be easily seen by passersby on Main Road. Customer convenience is a priority, with ample parking available right in front of the stores, ensuring that clients won’t have to worry about finding a space when they visit. The property also offers public transport access, making it easy for staff and customers to commute. Located near the Golden Arrow bus routes and a short walk from the taxi rank, Palm Grove Centre provides seamless connectivity for your business. The tenant mix here is carefully chosen, with complementary retailers and food outlets, enhancing the shopping experience. Facilities include shared amenities, restrooms, and common areas that contribute to a welcoming environment. While the building is well-maintained, it’s worth noting that the layout may not accommodate very large retail operations, which is typical for many retail centres in Durbanville. The thing about Durbanville is that it’s a growing commercial node known for its family-friendly atmosphere and community-oriented businesses. This area attracts a mix of local residents and commuters from surrounding suburbs, providing a solid customer base. Compared to other retail options in the region, Palm Grove Centre offers a unique combination of visibility, accessibility, and a robust tenant mix, making it a strong choice for retail operators. Ideal for retail stores, restaurants, and service providers, Palm Grove Centre stands out as a practical option for businesses looking to establish themselves in a bustling environment.
Parking
- 4 open parking bays
Location
1 Main Rd, Durbanville, Cape Town, 7551, 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 R20 900/month, the deposit would be approximately R48 070 (2 months' rental plus 15%). 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 open parking bays.
- What is the minimum lease period required?
- The minimum lease period is 36 months. Please contact the broker to discuss specific lease terms.