Supplementary space – not rent attracting

SNRA commercial property

Supplementary space – not rent attracting generally comprises these sub-categories of space: Balcony, decks, patios.

An abbreviation for supplementary space – not rent attracting is “SNRA”.

SNRA is one of three categories of space assigned to a property. The other two categories are

  1. GLA or rentable area
  2. Supplementary space – rent attracting (“SRA”)

Complex spaces are generally formed by this combination of space categories 1. and 2. described above.

Financial specifics for SNRA

  • Does not attract rent
  • Does not attract expenses

Example explaining expenses

A landlord is letting a complex space.

The complex space is made up of

  • 1,000 sqm of office GLA at R200 / sqm
  • 100 sqm of terraces (SRA) at R120 / sqm
  • 75 sqm of storage (SRA) at R75 / sqm
  • 85 sqm of balconies (SNRA)

Operating costs are charged at R50 / sqm

The operating costs payable every month come to a total of R50,000, calculated as follows

  • 1,000 sqm of office GLA x R50 / sqm operating costs
  • 100 sqm of terraces (SRA) x R0 operating costs (not applicable)
  • 75 sqm of storage (SRA) x R0 operating costs (not applicable)
  • 85 sqm of balconies (SNRA) x R0 operating costs (not applicable)

Complete example – gross rental

The tenant will pay, in total, R267,625 every month (excluding expenses on top of gross rental), calculated as follows

  • 1,000 sqm of office GLA x R200 / sqm rental + 1,000 sqm of office GLA x R50 / sqm operating costs
  • 100 sqm of terraces (supplementary space – rent attracting) x R120 / sqm rental + 100 sqm of terraces (SRA) x R0 operating costs (not applicable)
  • 75 sqm of storage (SRA) x R75 / sqm rental + 75 sqm of storage (SRA) x R0 operating costs (not applicable)
  • 85 sqm of balconies (SNRA) x R0 / sqm rental + 85 sqm of balconies (SNRA) x R0 operating costs (not applicable)

Related terms

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