Tipolo Mandaue City, Mandaue City, Cebu, Philippines
Commercial Space for RENT in Tipolo, Mandaue City, Cebu
Location: Tipolo, Mandaue City
Leasable Area: 165.00 sqm (Second Floor, previously Gaming Shop)
Rental Rate:
Basic Rent: ₱700.00/sqm
Monthly Rent (Year 1): ₱123,585.00 (including VAT, less withholding tax)
-CUSA (VAT exclusive): ₱50.00/sqm or ₱8,250.00/month
Rental Terms:
Escalation: 10% annually
Contract Period: 1 year
Security Deposit (3 months): ₱346,500.00 (VAT exclusive)
Advance Rental (2 months): ₱247,170.00 (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: ₱3,000.00/month
Construction Bond: ₱50,000.00 (refundable)
Pest Control Treatment: ₱4,125.00/month (VAT exclusive)
Utilities and Services:
Water Meter: ₱2,000.00 (One Time Payment, Lessee’s Account)
Power Meter: ₱13,900.00 (One Time Payment, Lessee’s Account)
Water Rate: ₱85.00/cubic meter (subject to change)
Power Rate: ₱16.00/kwh (subject to change)
Optional Services:
Signage Tower: ₱15,000.00 (one-time payment)
Megger Test: ₱2,800.00 (one-time payment)
Fire Extinguisher: Kindly call BFP for inspection before purchase.
Ideal Business Uses:
Retail Store
Café or Restaurant
Office Space
Entertainment Venue
Service Center
And more!
₱3,651,696
View Details₱25,000
View Details₱4,063,849
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