Subcouncil 7

Resolution detail

RESOLVED TO RECOMMEND
 
That the lease of a portion City Land Erven 30906 & 39916 Bellville and a portion public street, remainder Erf 38254 situated at Bloemhof Street, shown hatched and lettered ABCDEFGHJKLM on sketch 130008759 marked annexure A in extent approximately 3523 m², to The Bloemhof Guesthouse and Restaurant, or its successor in title, be approved subject, to inter alia the following conditions, that:
 
a)    A market rental of R44 300.00 per month exclusive of rates and VAT calculated at the rate applicable at the time of transaction be payable;
 
b)    The monthly rental shall escalate at 6% per annum and is effective and payable as from 2022-09-11;
 
c)    The lease will endure for a period of 10 years; to be reviewed after 5years, subject at any time to two months’ notice of termination;
 
d)   The property be used for guesthouse and restaurant purposes only;
 
e) Subject to such further conditions to be imposed by the Director: Property Management in terms of delegated authority;
 
f)    Subject to compliance with any other statutory requirements;
 
g)   All outstanding accounts with the City of Cape Town be settled;
 
h) The lessee will be responsible for the costs of all approved alterations and/or additions and/or improvements to the premises. The lessor shall not be liable to compensate the lessee for any alteration and/or additions and/or improvements to the premises. All improvements will revert to Council, at the expiry of the lease, without the payment of compensation.
 
Action:           MELISSA VAN DER WESTHUIZEN