Retail space | No load-shedding | Heavy foot flow
Amazing retail space on the corner of Burg and Castle Street in the City Centre. The space is sold on a sectional title basis, and includes floor to ceiling glass frontage on two corners - Strand and Burg, and Burg and Castle. The streets that surround the retail space receive a tremendous amount of foot traffic particularly on Strand Street, but also coming across Burg Street. The foot traffic emanates from Cape Town Station , and the myCiti Adderley bus stop. Ideal for fast food. The Pinnacle is on the hospital grid and to date has not suffered load shedding. Easy access for client coming in from the Southern or Northern Suburbs via the N1 / N2 / M3. On site parking with overflow parking at the nearby Felix parkade.
The current tenant profile includes Spur , Debonairs, and Afro Cafe among others. Currently showing a net yield of over 9%. The space receives 3 phase electricity. Offering fibre Internet, backup power and water supply, air conditioning, 24-hour security and access Control with offsite CCTV monitoring.
The current tenant profile includes Spur , Debonairs, and Afro Cafe among others. Currently showing a net yield of over 9%. The space receives 3 phase electricity. Offering fibre Internet, backup power and water supply, air conditioning, 24-hour security and access Control with offsite CCTV monitoring.
Monthly Levy
R43,965
Features
Zoning
Sizes
Listing Info
Cape Town City Centre, Cape Town
- Street map
- Street view
Finance
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Port Commercial Properties website is accurate and up to date, Port Commercial Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
