Commercial Space at Makati City for LEASE

Commercial Space at Makati City for LEASE

Property Description: Ongoing Renovation


Total gross floor area of the 2nd floor = 345.71 sq.m., more or less

Option 1: Total floor area of rentable area on 2nd floor = 284.58 sq.m., more or less

*Note: Total floor area of the office space = 37.27 sq.m.

WITHOUT:
*toilet & storage
*hallway to toilet
*front stairs
*back stairs

Option 2: Total floor area of commercial Space A = 247.31 sqm

WITHOUT the following:
*toilet &
*hallway to toilet
*front stairs
*back stairs
* office

Below are the general terms of lease:

Allowed for: office use, coffee shop, bookstore, fitness center, frame shop, art supply store, interior design showroom, furniture shop or others of similar nature.

Not allowed for: restaurants, bars, spas, or clubs.

· Minimum 2 years lease, maximum 5 years and may be renewable.

· Lessee may renovate and partition the open space according to its business requirements, upon the explicit approval of Lessor.

· Lessee shall be responsible for securing all Barangay/City permits to renovate and operate the business.

· Rental rate is P 900/sqm, plus VAT, payable quarterly in advance with postdated checks
· Two months security deposit upon signing

· Two months free rent to renovate the space.

· Low common area maintenance charges

Thank you.