🐲🐲NEW LISTING🐲🐲

 

RETAILS SPACE FOR RENT‼️

                    Ideal for food business

📍Cebu IT Park, Salinas Drive, Cebu City

 

✍️Available Units and Locations:

      Third Floor 

      Mountain View 

 

✍️Leasable Area : 

      📌Floor Area

            Total  Area:   179.66sqm

           

✍️Turnover Condition : 

      Bare Shell

✍️Lease Rate (Basic Rent) : 

       📌Rental Rate 

             Price per sqm Covered:        PHP 800

             Parking (1:100sqm) :             PHP 4,000

            Total Monthly Rate:                 PHP 143,728

      📌VAT Exclusive and Subject to 5% CWT+ CUSA

 

✍️Rental Rate 

      P800.00 per sqm, per month (VAT Ex)

✍️Escalation 

      5% escalation starting on the 2nd year onwards

✍️Lease Term 

      Five (5) years, standard minimum lease term

✍️CUSA 

      P150.00 per sqm, per month (Office Unit)

      P80.00 per sqm, per month (Parking Slot)

      Parking Slot P4,000.00 per slot per month (VAT Ex) 1:100 sqm allocation

 

✍️SecurityDeposit

      Three (3) Months’ Rent, equivalent of the last year

of the lease term.

✍️Advance Rent 

      Three (3) Months’ Rent, equivalent and applied on

the first three months of the first year of the lease

term.

✍️Construction Bond

      One (1) Months’ Rent Equivalent

*Refundable upon completion of fit-out

Vetting Fee PhP100.00 psqm of GLA (VAT Ex).

Construction plans and designs must be submitted

to the LESSOR for evaluation and approval prior

handover. VAT shall be the for the account of the

Lessee.

 

✍️Utilities Water, Electricity and LPG consumption     shall be for the account of the LESSEE and shall be sub-metered separately.

 

✍️HandoverCondition

     “As-is, Where-is” Bare Condition. The leased

premises shall be handed over a Bare Shell

Condition.

 

✍️Fit-Out Period /Construction Period

      Two (2) months, commencing upon handover

date. Fit-out period shall be free of rent except for

the CUSA dues, utilities and other fees

attributable to the fit-out works of the unit.

 

✍️Validity and Reservation Deposit

      Take note‼️

      Upon signing/confirmation of the lease term

sheet, LESSEE shall pay a Reservation Deposit

equivalent to one (1) month’s rental. The

reservation Deposit shall subsequently form part

of the Security Deposit.

Upon payment of RD, the unit shall be officially

reserved for the LESSEE until the execution of

Contract of Lease. Should the LESSEE, decide

not to pursue with the lease, the RD shall be

forfeited in favor of the LESSOR.

 

✍️Documentary Stamp Tax

     DST or BIR 

 2000 due shall be for the sole and

exclusive account of the LESSEE.

 

✍️Withholding Tax

      Withholding Tax or BIR 2307, if applicable, shall

be for the LESSOR’s account.

 

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!

 

𝙸𝙽𝚀𝚄𝙸𝚁𝙴𝚂| 𝚅𝙸𝙴𝚆𝙸𝙽𝙶|  𝚁𝙴𝚂𝙴𝚁𝚅𝙰𝚃𝙸𝙾𝙽: 

GLAIZA REANDO-LANTACA

Real Estate Person/ Rent Manager 

PRC Lisenced and DSHUD Registered 

FilipinoHomes, Leuterio Realty, Rent.PH

☎️𝗠𝖾𝗌𝗌𝖺𝗀𝖾 𝗈𝗋 𝗖𝖺𝗅𝗅: 0956 473 9372/ 0961 221 0791

 💌[email protected]

 

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