Details of the Property are:

Size : Ground Floor - approx. 240sqm

Mezz. Floor - approx. 115sqm

Total Floor - approx. 355sgm

Parking Area - approx. 60sqm (x4 Bays Exclusive Use)

Total Size - approx. 415sgm

Rent : R 22 500.00 Excl Vat (Neg. Depending on Lease Period)

Rent Deposit : Two Month’s Rent Inclusive of Vat

Electricity : Tenants Account – billed each month as per EThekwini Statement

Electricity Supply : 100AMP (Can be Upgraded to 150Amp)

Water : Tenants Account – billed each month as per Body Corporates Statement

Elect\Water Deposit:: R 14 500.00 Excl Vat (EThekwini Municipality Value Estimate)

Max No of Remotes: 4 (Cost @ R 350.00/remote Excl. Vat)
Exclusive Parking : 4 x Bays (In front of factory)
Customer Parking : 2 x Bays (Opposite the factory on the bank side)

Occupation : TBA

Lease Period : 3 -5 years Neg.
Annual Increase : 8.50% (Neg. Depending on Lease Period)

DOCUMENTS REQUIRED FOR RENTAL AGREEMENT

1. FICA - Company Registration Certificate (CIPC)

2. FICA - Company Beneficial Ownership Certificate (CIPC)
3. FICA - Company Proof of Address
4. FICA - Company Resolution for Appointed Person To Enter into a Lease Agreement
5. FICA - Owners\Director Details + Copy of ID
6. FICA - Owners\Director Proof of Address
7. FICA - SARS Tax Compliance Certificate
8. Financial - Credit Reference Check on Company(Approved Credit Agency)
9. Financial - Credit Reference Check on Owners\Directors (Approved Credit Agency)
10. Financial - Three Months of Bank Statements
11. References - Letter of good standing from the last Landlord

IMPORTANT NOTICES

The following industries are not permitted to trade within the complex as per the Body Corporate Management Rules:

1. Motor Vehicle Repairs

2. Manufacturing, storage or Bottling of any Hazardous Chemical

3. Wood machining or any wood work manufacturing and assembly work

4. Mixing or storing of Flammable\Hazardous gases

5. Brewing of Beer or Spirits of any kind

6. Manufacturing, Bottling, Mixing or recycling of any form of Motor Oils

7. Plastic Injection Moulding or Extruding (or any relative industry that extrudes\heats or melts any form of polyurethane products)

8. Any form of Recycling business or scrap metal business

9. Any form of health\fitness\gym or aerobic training business

10. Any form of a Night club\bar, restaurant or entertainment business
11. Any form of Church, Religious or Faith Worshipping practise

The following vehicle restriction apply within the complex as per the Body Corporate Management Rules – see attached road and parking layout:

1. Max Weight 8 tons
2. Max Length 12.5 meters

3. No Horse and Trailers

4. No Double Trailer Hauling

5. Max Speed Limit 25 Km/Hr

6. No Reversing down the drive ramp between the upper and lower level

7. No Loading or offloading on any part of common property or driveway other than in the allocated loading zone areas under any circumstances.