110 sq.m. commercial space for rent-Subangdaku Centro, Mandaue @ P55k/month

For Rent! Two-storey commercial space, strategically located in a prime business district of Subangdaku, Mandaue City. The compound has a big parking area for customers. This is ideal for an electronics/computer store, hardware store, consultancy/law and accounting office, furniture/lightings showroom, plumbing and toilet fixtures showroom and many others.

Unit Details:
Floor area (1st floor): 50 sq.m.
Floor are (2nd floor): 60 sq.m.
Total Floor Area: 110 sq.m.

Rental Requirements:

Monthly rental: P55,000 excluding VAT
Security deposit: two months basic rent or P110,000
Advance payment: two months rent with taxes (to be credited on the last two months of the contract )
Escalation rate: (10%) per annum starting on the second year
Minimum Contract: 3 years
Reservation fee : one-month rent (deductible to the security deposit). Non-refundable if not pushed thru.

Other Charges (aside from the basic rent)
*Aircon Charge- tenant provided
* Common utility service area (security guard, janitor,generator, garbage: P80/sq.m. or P8,800/month (for the 110 sq.m. floor area)
* Power /electric charge (based on Veco billing or consumption)
* Water charge - with submeter.. based on actual consumption or water billing
* Pest Control - tenant provided
* Telephone Deposit: Lessee's account
* Documentary Stamps: Lessee's account
* Billboard Directory Pylon Rental: size 24"x 73" = P4,000 net per month excluding electricity

For inquiries and assistance, contact:
MARIQUITA "KETS" L. BOLIGOL
Licensed Real Estate Broker
Leuterio Realty, Cebu City