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Description
Commercial spaces for Rent located in Mandaue City, Cebu. It is a 2-storey commercial spaces ideal for service center, display, coffee shops, boutique, and laundry shops. It is accessible to public utility jeepney, near offices and other commercial establishments.
Available Units and Floor Area:
Unit 1: rented
Unit 2: rented
Unit 3: 116.82 square meters
Unit 4: 115.95 square meters
Unit 5: 115.05 square meters
Unit 6: 113.27 square meters
Unit 7: 112.38 square meters
Unit 8: 115.53 square meters
Unit 9: 155.63 square meters
Unit 10: 138.20 square meters
Turn-over condition: Bare shell
Amenities:
Security roving guard
Parking
Generator
Basic Rental: PhP500.00 per square meter
Minimum Lease Term: 3 years
Basic Terms and Conditions:
Reservation Fee: Basic One month rent
Security Deposit: Equivalent to 2 months basic rent Advance Rent: Equivalent to 2 months basic rent with taxes credited on the last 2 months of the contract Escalation: Ten percent per annum starting on the 3rd year
Other Charges: Aircon Charge: Tenant provided Common Utility Service Area (Security Guard, Janitor, Generator, Garbage): Php 50.00/sq m x 110sqm = 5,500.00 per month Power Charge: Actual Consumption (billing from veco) + 5% service charge Water Charge: Sub-metered - Actual consumption + 5% service charge Pest Control: Tenant Provided Telephone Deposit: Lessee's Account
Construction Period Charges: Fit-out period: Two Months free rent Renovation Period Construction Bond: One month basic Rent which will be refunded after Renovation Billboard Directory Pylon Rental: size 24" x 73" = 4,000.00 net per month
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