6 shops making an income Commercial property making R22 000 when fully tenanted

A development or property featuring 6 commercial shops presents a significant opportunity for business operations, rental income, or a mix of both. Key Features of the Commercial Shops: - *6 Commercial Units*: Six shops provide ample space for various businesses, potentially catering to different industries or complementary businesses. - *Potential for Diverse Tenants*: With multiple shops, there's opportunity to lease to a variety of businesses, such as retail, food services, professional services, or others. - *Strategic Location Importance*: The success of commercial shops often depends on location; foot traffic, accessibility, and visibility are key for attracting businesses and customers. Benefits for Investors/Owners: - *Rental Income*: Leasing out the shops generates rental income, making it an attractive investment opportunity. - *Diversification of Tenants*: With 6 shops, owners can diversify tenants, reducing reliance on a single business for income. - *Potential for Business Operations*: Owners could occupy one or more shops for their own business while leasing out others. Potential Business Uses: - *Retail Outlets*: Shops could be used for retail businesses selling clothing, gifts, electronics, etc. - *Food and Beverage*: Some shops could be leased to cafes, restaurants, or food outlets. - *Services*: Professional services like salons, medical offices, or consulting services could occupy some shops. Considerations for Development or Purchase: - *Location and Foot Traffic*: A location with good foot traffic and visibility enhances the attractiveness and value of the shops. - *Lease Agreements*: Terms of leases with tenants will impact income stability and potential for rent increases. - *Maintenance and Management*: Managing multiple commercial units requires oversight of maintenance, tenant relations, and compliance with local regulations. Would you like me to help you explore more about investing in commercial properties or assist with something else?