Description

BuruBuru,Rabai Road,The Point Mall, partitioned go-down/Warehouse 3230 sqft BuruBuru,Rabai Road partitioned hospital facility of 3230 sqft Space Area Point Shopping Mall is already in operation and is anchored by Naivas Supermarket. It also has retail shops, restaurants banking halls, gym, ATMs, storage facilities. Provision for toilet and kitchenette Our terms of offer are as below: 1. Space Area-32300 sqft 2. Lease Term-5 years 3 months with an option to renew 3. Rent Payable ? Kshs.70 per sqft inclusive of VAT (Negotiable) ? Payable Quarterly in advance ? Rent shall be increased by 7.5% per annum on every subsequent annual anniversary ? If rent shall remain unpaid by the 5th day of the first month of each quarter an interest of 2% per quarter on any such sums shall be payable 4. Service Charge-Kshs.20 per sqft Exclusive of VAT 5. Deposit-An equivalent of three (3) months’ rent collectively exclusive VAT 6. Utilities (Electricity and Water)-Lessee will be responsible for all utilities payment 7. Fit out period (Rent Free)-1 months 8. Legal Fees- The Lessee shall bear all costs incurred in connection with preparation and completion of the lease (stamp duty and registration fees all included)