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RENTING OUT OF BUSINESS PREMISES IN CBD OF GREYTOWN TRADING AS YOUNG IDEAS

AT 117 PRINCE MANGOSUTHU BUTHELEZI STREET (PINE STREET) GREYTOWN 3250 KZN. RENTING OUT OF BUSINESS PREMISES IN CBD OF GREYTOWN TRADING AS YOUNG IDEAS. CONSISTENCIES OF PREMISES. LOCATION Greytown , Kwa-Zulu Natal Midlands

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RENTING OUT OF BUSINESS PREMISES IN CBD OF GREYTOWN TRADING AS YOUNG IDEAS

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  1. AT 117 PRINCE MANGOSUTHU BUTHELEZI STREET (PINE STREET) GREYTOWN 3250 KZN RENTING OUT OF BUSINESS PREMISES IN CBD OF GREYTOWN TRADING AS YOUNG IDEAS

  2. CONSISTENCIES OF PREMISES • LOCATION Greytown, Kwa-Zulu Natal Midlands Situated in the heart of the Greytown CBD, at 117 Prince Mangosuthu Buthelezi Street (Formerly Pine Street) and currently trading as a Shoe Store (for the last 35 years) under the trading name of Young Ideas. This ideally placed business premises is located amongst a string of profitable chain stores (Pep, Mr. Price, Milady’s, Sheet Street, Exact, Russels Furniture[two stores], Mascor Toyota/GM, Lewis Stores, Savelles amongst others). It is within a 50 meter radius of Standard Bank, FNB, Nedbank, Absa Band, Ithala Bank, the Post Office and the Magistrates Court. All the banks in Greytown are located here.

  3. ECONOMY • Greytown is the administrative and legislative seat of the Umvoti Local Council which has some 300 000 people within it’s borders. • It serves the towns and peri-urban settlements of Kranskop, Muden, Seven Oaks, Mngome, Umbolwane, Eshane, Tempseweni, Amatimatole, Hermannsburg, Ahrens, Makhableni, Thukela Ferry and keates Drift amongst others. • Greytown has a very strong, stable civil servant population, serving some 1000 rural schools, clinics, Social Welfare Departments. Regional Government Offices such as the Department of Labour, Welfare, Education, Agriculture have set up offices with others to follow soon. • It has been identified as a developmental node, and for this reason, Government has commenced funding agriculture. • The other economy led by Timber, Maize amongst others.

  4. SPECIFICATIONS • The business premises floor space takes up the entire ground floor of a two-storey building, owned by the proposer. • The floor space of the premises is divided into showroom and storage space, with the ratio between the showroom and storage space being adjustable via a semi-permanent division. • Total floor space currently totals 285 square meters, with a frontal balcony of 30 Square Meters allowing a grand total of 315 Square Meters. A semi-enclosed storage-yard behind the premises could be covered and incorporated into the main store; however, this would require structural alterations and associated costs. Also available via an internal staircase is the first floor of 260 Square Meters which includes a small walk in strong room. (Optional) • In terms of fitments, the entire store is currently covered in industrial standard carpeting, which is still in excellent condition (Grey in color). • The premises has full Broadband capabilities as well as all necessary electrical connections. This includes two independent power points at the front of the store with “clean” power for computer use. It is also currently wired up for Three Phase power • The store includes both Male and Female toilets together with a Kitchenette.

  5. SECURITY • The premises is very secure due to a reinforced concrete roof and Tilly see-through roll up security doors, one of which is motorized and activated via remote control. The store also comes fully fitted with an alarm system and small CCTV system.

  6. ALTERATIONS • The owner is receptive to alterations that Chain Stores often need to undertake.

  7. MISCELLANOUS • The Business premises is available with or without stock as well as with fittings or part of the fittings.

  8. RENT • The rent, period of lease and escalation is negotiable. CONTACT DETAILS • Cell : 082 803 7867 • Telephone: (033) 41 71276 • Email: ahmed@shaikhzn.com

  9. VISUALS • Attached are pictures of both the interior and exterior of the premises to let, as well as of points of interest within the vicinity of the premises.

  10. INTERIOR

  11. ENTRANCE

  12. KITCHENETTE STORAGE AREA

  13. EXTERIOR

  14. WITHIN THE VICINITY OF … STANDARD BANK

  15. ABSA BANK + ITHALA BANK NEDBANK

  16. MR PRICE + SHEET STREET + MILADY’S DIAGONALLY ACROSS FROM YOUNG IDEAS

  17. SITUATED DIAGONALLY ACROSS YOUNG IDEAS

  18. View of Enclosed Rear Yard

  19. PLANS

  20. Ground Floor

  21. 1st floor

  22. Side View

  23. We are willing to enter into a long-term lease and are conducive to you as the tenant doing all alterations. If you feel you need more space at the back, I could look into the possibility of negotiating with my right hand neighbor to incorporate part of his vacant plot at the rear section of his store into the rear section of our store where the alterations need to take place.I've checked with the municipality and these alterations can be done.

  24. PLEASE CONTACT THE OWNER SHOULD YOU HAVE ANY QUERIES.

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