Commercial Space FOR RENT
Tipolo, Mandaue City
Leasable Area: 120 sqm (Ground Floor)
Can divide to 60 sqm ( 2 units)
-Monthly Rent: โฑ1000.00/sqm until Dec 31 only.
rate will change starting January 2025. HURRY!!!
-Basic Monthly Rent (Year 1): โฑ120,000.00
(subject for VAT, less withholding tax)
-CUSA (VAT exclusive): โฑ50.00/sqm
Rental Terms:
Escalation: 10% annually
Contract Period: 1 year
Security Deposit (3 months):
Advance Rental (2 months): applied to the last 2 months of operation)
Additional Terms:
-Rent-Free Renovation Period: One (1) month/Thirty (30) days. If the LESSEE completes fit-out works before the Lease Commencement date, they can operate rent-free until the Lease -Commencement date (subject to obtaining necessary permits).
-Marketing Expense: โฑ3,000.00/month
-Construction Bond: โฑ50,000.00 (refundable)
-Pest Control Treatment: โฑ4,125.00/month (VAT exclusive)
Utilities and Services:
-Water Meter: โฑ2,000.00 (One Time Payment, Lesseeโs Account)
-Power Meter: โฑ13,900.00 (One Time Payment, Lesseeโs Account)
-Water Rate: โฑ85.00/cubic meter (subject to change)
-Power Rate: โฑ16.00/kwh (subject to change)
Optional Services:
-Signage Tower: โฑ15,000.00 (one-time payment)
-Megger Test: โฑ2,800.00 (one-time payment)
Ideal Business Uses:
Retail Store
Cafรฉ or Restaurant
Office Space
Entertainment Venue
Service Center
And more!
STATUS: for assume (what you see- will discuss with the admin)
View property listing here: link to follow
Should you be interested in knowing more about this property, I would be happy to schedule a zoom call or a personal meeting.
Please let me know what schedule works for you.
Hope to hear from you soon!
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๐ฐ๐๐ธ๐พ๐ฝ:
JEROME & GLAIZA REANDO-LANTACA
Real Estate Sales Person/ Rent Manager Pro
PRC Licensed and DSHUD Registered
FilipinoHomes, Leuterio Realty,
Rent.PH
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: 0956 473 9372/ 0967 221 0791
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