Commercial Property to Rent in Foreshore

Secure a premium ground-floor retail space in Cape Town CBD at the iconic Portside Tower, one of the city’s most prestigious commercial addresses. Perfectly positioned in a high-foot-traffic, high-visibility location, this space is ideal for a deli, café, or grab-and-go food concept (no full kitchen required).

This 75m² retail unit offers an exceptional opportunity to establish your brand within a landmark building, surrounded by blue-chip corporate tenants and a steady flow of professionals and visitors.

Property Details:

Shop 3 | Ground Floor Retail

Size: ±75m²

Rental: R26,250 per month excl. VAT (R350/m²)

Availability: Immediately

Prime Cape Town CBD location

Key Features:

High exposure retail frontage

Strong daily foot traffic from office tenants

Ideal for deli, coffee shop, or convenience retail

Located in a landmark building with premium finishes

Modern infrastructure and secure environment

Lease Terms:

Lease Period: 3 or 5 years

Operating Costs: R25.00/m²

Marketing Levy: 5% of basic rental

Rates &Taxes: R20.83/m² (subject to increases from July 2026)

DIL Levy: R4.17/m² (subject to increases from July 2026)

Turnover Rental: 8% of basic rental

Annual Escalation: 8% compounded

Utilities: Metered (electricity, water, sewer)

Additional Costs: Refuse, generator & aircon (pro-rata)

Deposit: 3 months’ rental (based on final year)

Surety: Required

All offers subject to Landlord approval

This is a rare opportunity to secure retail space in Portside Tower, ideal for businesses looking to operate in a high-end, high-demand Cape Town CBD environment.

Contact Victoria Kelly to arrange a viewing.