RETAIL SPACE FOR RENTβΌοΈ πCebu IT Park, Salinas Drive, Cebu City
Salinas
RETAIL SPACE FOR RENTβΌοΈ πCebu IT Park, Salinas Drive, Cebu City
Salinas
Description
NEW LISTINGRETAIL SPACE FOR RENT
Ideal for food business
Cebu IT Park, Salinas Drive, Cebu City
Available Units and Locations:Third Floor
FACING and Mactan ViewLeasable Area :
Floor AreaTotal Area: 164.29sqm
Turnover Condition :Bare Shell
Lease Rate (Basic Rent) :Rental RatePrice per sqm Covered: PHP 800
Parking (1:100sqm) : PHP 4,000
Estimated Total Monthly Rate: PHP 135,432
VAT Exclusive and Subject to 5% CWT+ CUSAEscalation5% escalation starting on the 2nd year onwards
Lease TermFive (5) years, standard minimum lease term
CUSAP150.00 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
SecurityDepositThree (3) Monthsβ Rent, equivalent of the last year
of the lease term.
Advance RentThree (3) Monthsβ Rent, equivalent and applied on
the first three months of the first year of the lease
term.
Construction BondOne (1) Monthsβ 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.HandoverConditionβAs-is, Where-isβ Bare Condition. The leased
premises shall be handed over a Bare Shell
Condition.
Fit-Out Period /Construction PeriodTwo (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 DepositTake note
Upon signing/confirmation of the lease term
sheet, LESSEE shall pay a Reservation Deposit
equivalent to one (1) monthβs 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 TaxDST or BIR
2000 due shall be for the sole and
exclusive account of the LESSEE.
Withholding TaxWithholding Tax or BIR 2307, if applicable, shall
be for the LESSORβs account.
View me at:
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!
πΈπ½πππΈππ΄π| π
πΈπ΄ππΈπ½πΆ| ππ΄ππ΄ππ
π°ππΈπΎπ½:
GLAIZA REANDO-LANTACA
Real Estate Person/ Rent Manager
PRC Lisenced and DSHUD Registered
FilipinoHomes, Leuterio Realty, Rent.PH
π πΎπππΊππΎ ππ ππΊπ
π
: 0956 473 9372/ 0961 221 0791
#FilipinoHomesAtYourService #RentPh #RentalsCebu #RentManager #cebuInvestment #commercialproperty #CebuRentals #commercialrealestate #commercialspaceforrent #CebuRentalInvestments #houseforrent #condoforrent #watehouseforrent #roomforrent #officespaceforrent #buildingforrent #lotforrent #townhouseforrent #CebuDreamHome #propertyexperts #CebuPhilippines
Property Details
Bedrooms :
0
Bathrooms :
2
Garage :
0
Property Type :
Commercial Spaces
Property Size :
165 sqft
Location Cebu City
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