Prime Commercial Space for Lease in Tipolo, Mandaue City

Prime Commercial Space for Lease in Tipolo, Mandaue City!

Gross Leasable Area: 55.00 sqm
Rental Terms:
Basic Rent: ₱700.00/sqm
Monthly Rent (Year 1): ₱41,195.00 (including VAT)
CUSA (VAT exclusive): ₱50.00/sqm/month or ₱2,750.00/month
Contract Period: 1 year
Security Deposit (3 months): ₱115,500.00 (VAT exclusive)
Advance Rental (2 months): ₱82,390.00 (applied to the last two months of operation)

Additional Terms:
Escalation: 10% annually
Marketing Expense: ₱3,000.00/month
Construction Bond: ₱50,000.00 (refundable)
Pest Control Treatment: ₱1,375.00/month (VAT exclusive)

Rent-Free Renovation Period:
Thirty (30) days: If the LESSEE completes fit-out works before the Lease Commencement date, the LESSEE can operate rent-free until the Lease Commencement date (subject to obtaining the necessary permits).

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)
Aircon Cleaning: Quarterly cleaning by accredited contractors

Ideal Business Uses:
Retail Store
Café or Restaurant
Office Space
Service Center
Boutique
And more!