KSh 570,720 / month
Commercial Property Description
Situated in the vibrant and highly desirable Parklands area, this commercial space offers an ideal environment for businesses to thrive. With 4,100 sq. ft. of flexible space, this unit is perfect for companies looking to expand, relocate, or establish a flagship location. Its strategic positioning ensures excellent visibility and easy access, making it a prime choice for any business.
Rent per sq.ft
The rent is priced at Kshs. 100 + VAT per sq. ft., offering a compelling return on investment.
Total Monthly Rent
A competitive total rental cost of KShs. 475,600 INCLUSIVE of VAT per month secures this exclusive unit.
Parking
Convenient and ample parking facilities are available at the property. Each parking slot is priced at KShs. 10,000 + VAT per month, ensuring that your employees and clients have easy access to the premises.
Service Charge
A modest service charge of KShs. 20 + VAT per sq. ft. applies, which amounts to KShs. 95,120 inclusive of VAT. This ensures the building’s facilities are maintained to the highest standards.
Size
11,000 ft²
Annual Rent Escalation
A fair and standard 7.5% escalation rate is applied to the rent annually. This ensures transparency and helps businesses plan their finances effectively.
Payment Terms
To secure the lease, tenants are required to make an initial payment of three months’ rent and provide a three-month refundable deposit. The deposit also covers parking rent and service charges, ensuring a simplified move-in experience.
Legal Fees
Tenants are responsible for covering legal fees, which will be determined by the landlord during the negotiation process.
Lease Duration
A substantial lease term of 5 years and 3 months provides businesses with long-term stability. This duration offers the ideal foundation for long-term business evolution and stability.
Fit-Out Period
This unit offers a one-month fit-out period, allowing ample time to design the space to suit your brand and operations. The service charge and electricity are applicable but parking fees and rent are waivered.
Internal features
Alarm
Aircon
Backup Generator
Fibre Internet
Service Charge Included
External features
CCTV
Electric Fence
Balcony
Lift/Elevator
Parking
Wheelchair Access
