617 Pretoria Rd

Retail Opportunity – 2,212m² Available at Silver Place, Silverton

Silver Place, situated at 617 Pretoria Road in Silverton, Pretoria, has Shop 0006 available — approximately 2,212m² of retail space within a centre anchored by well-known names including Buildit, Blue Bottle, and FNB Nedbank. With this kind of co-tenancy already driving traffic through the centre, the unit is well suited to larger-format retail, homeware, or specialist retailers wanting a strong footprint in an established Silverton node. The premises are offered as-is, allowing the incoming tenant to shape the fit-out to their own brand and layout.

Commercially, the deal is structured as follows: basic rental of R100.00/m² (R221,200.00 per month) with 7% annual escalation over a five-year term, rates and taxes at R12.36/m² (R27,350.34 per month), and a 5% turnover clause. Separate monthly charges apply for refuse removal (R5,065.48), goods hoist maintenance (R2,298.54), and aircon maintenance (R2,777.24). Beneficial occupation is proposed from 1 February to 31 March 2026, with lease commencement targeted for 1 April 2026 — both dates still to be finalised with the client — and a deposit of R291,871.00 is payable. Terms are open for negotiation, and all figures are quoted excluding VAT, subject to final Board approval.