Subcouncil 15

Resolution detail

It was RESOLVED that subcouncil 15 recommended that the lease of a portion of Erf 159808 Cape Town, situated at Bonteheuwel Avenue, Bonteheuwel, Cape Town, shown hatched and lettered ABCD on the sketch TA 1076v0 attached as annexure A to the report, in extent approximately 366m², to Bonteheuwel Pharmacy (Mohamed Abbas), or its successor in title, be approved subject, to inter alia the following conditions, that:
 

1. A market rental of R 5 330 per month (including rates but excluding VAT), escalating at 6% from 2021-09-01 until date of signing of the lease be payable;

2. The lease will endure for a period of 10 years; with a review after five (5) years;

3. The property be used for pharmacy purposes only;

4. Subject to such further conditions imposed by the Director: Property Management in terms of delegated authority;

5. Subject to compliance with any other statutory requirements;

6. No compensation will be payable for any improvement made to the property;

7. All outstanding accounts with the City of Cape Town be settled