1
OFFER TO LEASE
(hereinafter referred to asthe Offer”)
NAME OF OFFEROR:
CONTACT PERSON:
TELEPHONE:
EMAIL:
(hereinafter referred to as “the Offeror).
APPLICATION TO LEASE MADE TO
LANDLORD:
C/O:
GROWTHPOINT MANAGEMENT SERVICES PROPRIETARY LIMITED (“GMS”)
OFFER SUBMISSION DATE:
OFFER EXPIRY DATE: (refer to clause 12)
(hereinafter referred to as “the Landlord”).
The Offeror and the Landlord are hereafter collectively referred to as the “Parties”, and individually referred to as a “Party”.
1. LEASED PREMISES AND PERIOD
The Offeror hereby offers to lease from the Landlord, on the conditions set out below, the following premises (hereinafter
referred to as “the Leased Premises”):
BUILDING NAME AND
ADDRESS
RENTABLE (m
2
)
LEASED PREMISES
(UNITS AND FLOOR)
LEASE PERIOD
(IN MONTHS)
BENEFICIAL OCCUPATION
(IN MONTHS)
LEASE COMMENCEMENT
DATE
USAGE OF THE PREMISES:
PARKING
SUPPLEMENTARY AREAS (m
2
)
(ROOF AREA / PATIO / STORAGE)
TOTAL NUMBER
Open Shade net Bays Roof Area Patio Area
Covered
Bays
Basement Bays Storage Area
Acucap Investments (Pty) Ltd 2001/017530/17ABSEQ PROPERTIES PROPRIETARY LIMITED | REGISTRATION NO 2000/010590/07
Harrowdene Office Park, Woodmead
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2. LEASE SECURITY OPTIONS
2.1 Lease Security is required by the Landlord. The value of the Security to be provided is recorded hereunder, however
irrespective of this value such value may be determined in the sole discretion of the Landlord having regard to any credit
check results. Please indicate a lease security option, by marking an X in the space provided:
PLEASE TICK YOUR PREFERED CHOICE BELOW.
DEPOSIT UNdeposit” – refer to clause 2.2 below
R___________
[3 (three) times the last month’s Total Rental]
Subject to credit check results
R -e
xcluding VAT_____________
[Once off non-refundable fee to a maximum of 20% of Deposit
value]
Subject to credit check results
2.2 Should the Offeror accept the UNdeposit fee option, the Offeror hereby acknowledges and agrees that the UNdeposit fee
is non-refundable and no set off will be allowed against any claim whatsoever that the Offeror may have against the
Landlord or any claim the Landlord may have against the Tenant under this Offer, or the subsequent Lease Agreement.
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3. RENTAL AND OTHER LEASE COSTS
3.1 The monthly rental and other lease charges payable by the Offeror in the first year of the lease will be as set out
hereunder. These costs will escalate on the anniversary of the commencement date by the escalation rates as provided
hereunder (compounded annually):
3.2 The rental and other lease charges referred to above, and any other costs due, shall be due and payable on the first day
of each month, without set-off or deduction, to the Landlord at its nominated address or banking account.
3.3 All rentals and other charges will be based on the rentable area of the Leased Premises.
3.4 All amounts due in respect of this Offer and the Lease Agreement are quoted exclusive of VAT.
3.5 The Offeror hereby confirms that a debit order will be signed by the authorised person for all charges on a monthly basis.
3.6
The first month’s rent, lease fees, security referred to in Clause 2 above and any costs referred to in Clause 4.2 below are
payable upon signature of the Lease Agreement and prior to the Landlord granting occupation of the Premises
RATE/M² or BAY PER
MONTH
MONTHLY COST
ANNUAL ESCALATION RATE
NET RENT R_____ R_____ _%
OPERATING COSTS R_____ R_____ _%
RATES & TAXES R_____ R_____ Actual
TOTAL MONTHLY GROSS
RENTAL
R R
OPEN PARKING R_______
per bay per month
R______ _%
COVERED PARKING R_______
per bay per month
R______ _%
SHADENET PARKING R_______
per bay per month
R______ _%
BASEMENT PARKING R_______
per bay per month
R______ _%
STORAGE RENTAL R______ R______ _%
PATIO RENTAL R______ R______ _%
ROOF RENTAL R______ R______ _%
SIGNAGE RENTAL R______ R______ _%
GENERATOR LEVIES R______ R______ _%
WATER TANK LEVIES R______ R______ _%
CID LEVIES R______ R______ Actual
10
0
10
0
10
0
30
0
0
0
0
0
0
0
0
0
0
0
0
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4.1 The Landlord’s Allowance in respect of the Tenant Installation Project shall be limited to the amount recorded above.
4.2 Any amounts in excess of the Landlord’s Allowance, save for costs which are expressly agreed by the Landlord in writing,
will be for the Offeror’s account and payable upon signature of the Lease Agreement, and prior to the Landlord
commencing with the Tenant Installation Project. Failure to comply herewith shall not exonerate the Offeror from any
obligations in terms of this Offer or the Lease Agreement.
4.3 Any Tenant Installation Project Overrun is payable upon signature of the lease.
5. ADDITIONAL CHARGES
5.1. In addition to the costs set out above, the Offeror shall be responsible for, and make payment on demand, to the
Landlord,
5.1.1. its percentage share or (in the event that there are dedicated sub-meters) its metered consumption of
electricity, water, gas and sanitary fees, consumed in the premises; and
5.1.2. its percentage share of refuse, city improvement district levies / owners’ association fees / body corporate
levies, if applicable; and
5.1.3. the designated percentage of the diesel consumed in the operation of the generator, if applicable. It is recorded
that this designated percentage payable by the Offeror in respect of diesel consumed by the generator shall be
calculated as the percentage which the total rentable area of the premises bears to the total rentable area of
the area served by the generator;
5.1.4. its percentage share of the electricity, water, gas, refuse and sanitary fees consumed in the common areas of the
Building/Property; and
5.1.5. its percentage share of the rates and taxes (quoted indicatively above) and any increases thereon as levied by
the local authority.
5.2. The percentage share shall be the percentage which the total rentable area of the Leased Premises, bears to the total
rentable area of the property / building (referred to as the Tenant’s Percentage Share”). The total rentable area of the
Leased Premises is the usable area of the premises, plus a portion of the common areas.
5.3. The percentage share as referred to in Clause 5.1.1 shall be the percentage which the total rentable area of the Lease
Premises bears to the total rentable area of the area served by the relevant meter.
6. LEASE AGREEMENT
6.1. The Offeror hereto agrees and undertakes to enter into and sign a written Lease Agreement with the Landlord
incorporating the terms and conditions set out herein. An electronic copy of the Lease Agreement is available
on www.growthpoint.co.za
, and hard copies may be obtained on request.
6.2. The Parties hereto agree and undertake that should the Offeror fail to enter into and sign such written Lease Agreement as
stated in Clause 6.1 above, the provisions of this Offer shall, provided that this Offer is accepted by the Landlord within the
period stated in Clause 12 below, constitute a lawful and binding contract between the Landlord and the Offeror.
7. BREACH
If the Offeror fails to pay any rent or other amount due by it in terms hereof, or the Offeror commits any other breach in
terms hereof, then the Landlord shall have the right, without prejudice to and in addition to any other rights which it may
have to cancel this Offer, to retake possession of the Leased Premises, and to institute legal action for the recovery of any
damages it may have suffered.
LANDLORD’S ALLOWANCE IN RESPECT OF TENANT INSTALLATION PROJECT R______________/ m
2
Total contribution value R
4. TENANT INSTALLATION ALLOWANCE
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The Offeror acknowledges that no representations or warranties whatsoever have been made to it other than those set out
above and that no alteration or variation of this document shall be of any force and effect unless in writing and signed by
both Parties.
9. CREDIT CHECK
9.1. The Offeror authorises GMS and its nominated service provider/s, to conduct any reference / financial / credit checks on
the business, the directors, and sureties of the Offeror, as they may deem necessary acting in their sole discretion,
relating to this Offer, and forthwith during the duration of the Lease Agreement, and/or any renewal thereof. The Offeror
agrees to timeously comply with the requirements of such service provider/s.
9.2. The Offeror agrees to provide all information requested by the Landlord’s agents which information is deemed necessary
for credit vetting and risk management purposes. In this regard the Offeror undertakes to complete the questionnaire
sent to the Offeror together with this document.
9.3. The Offeror certifies and warrants that the information furnished is true and correct, that he/she has the authority to sign
this application and that he/she has not misrepresented or concealed any material fact, which might have a bearing on
the Landlord accepting this Offer.
10. CONFIDENTIALITY
This Offer is confidential, and the commercial terms may not be disclosed to any third party. The Offeror indemnifies the
Landlord against any damages and/or lost opportunity costs, which the Landlord may suffer as a result of the Offeror’s
breach of the confidentiality undertaking in this Clause.
11. MISCELLANEOUS TERMS
11.1. If the Offeror is a Sole Proprietor/ Partnership/ Trust OR its asset value and turnover is less than R 2 million per annum,
the attached CPA form (Annexure A) must be completed.
11.2. The Offeror by affixing his/her signature hereto acknowledges that he/she understands the contents of this document and
shall be bound by same.
11.3. GMS is the duly authorized agent of the Landlord, for all purposes herein.
11.4. Until such time that this Offer is accepted by the Landlord, the Landlord reserves the right to continue to market the
Leased Premises to prospective tenants, for the purposes of concluding a lease agreement.
12. IRREVOCABILITY
The Offeror agrees that this Offer is irrevocable for a period of
7 days from date of signature hereof and shall remain
open for acceptance by the Landlord within this period.
13. SPECIAL TERMS
The terms set out below form an integral part of this offer.
8. WARRANTIES AND VARIATIONS
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14. BROKER DETAILS
NAME OF BROKER
NAME OF BROKER HOUSE
Signed on behalf of the Offeror at _____________ on this _____ day of _____________ 2015.
__________________________ _________________________
(Full Name and Surname in print) FOR AND ON BEHALF OF THE OFFEROR
___________________________
BEING DULY AUTHORISED HERETO
Accepted for and on behalf of the landlord at _____________ on this _____ day of _____________ 2015.
__________________________ _________________________
(Full Name and Surname in print) FOR AND ON BEHALF OF THE LANDLORD
___________________________
BEING DULY AUTHORISED HERETO
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