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870m² Retail For Sale in Cambridge West

POA

Web Ref No SIC408

High-Yield Retail Investment Opportunity – Cambridge West Spar

Business Zone 1, high profile corner property with a Quick Spar national franchise tenant and 25 parking bays.
An exceptional opportunity to acquire a well-positioned retail property anchored by a national supermarket brand, located in the heart of Cambridge West, East London.

Property Highlights:
Gross Lettable Area: ±728 sqm

Anchor Tenant: National supermarket brand (lease in final negotiation)

Sub-Tenants:

ABSA ATM – R5,706.96/month (inclusive)

Cellular Retailer – R4,250/month

Valuations:

Sworn Valuation: R7,600,000

Municipal Valuation: R7,900,000

Lease Structure:
A new 10-year lease is currently under negotiation, designed to support market-related rental growth.

Investment Considerations:
Strong, long-standing national anchor tenant with proven performance.

Additional sub-tenant income diversifies risk and enhances return.

Strategic location in an established commercial node.

The lease structure will provide long-term income stability and growth potential.

Ideal for investors seeking an income-generating asset backed by secure tenancy.

This property offers the security of a national brand anchor, supplementary tenant income, and the benefit of a structured long-term lease — making it a compelling acquisition for discerning investors.

Features

Zoning Commercial
Monthly Rates R23,484.00pm Excl. VAT
Floor Size 870m²
Land Size 1,755m²
Air Conditioning Yes

Broker Contact Details

Lofty Nel
Principal Property Practitioner
Registered with PPRA
(FFC 202 322 370 1)

Cell 082 774 5417
Office (043) 7260111
WhatsApp Me
Sonia Slabbert
East London

Cell 081 564 2175
Office (043) 7260111
WhatsApp Me

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