5,000 ft² Office with Service Charge Included in Westlands Area

Discover this new, modern and spacious 5000 sq. ft. commercial office in the business heart of Westlands. Designed for elegance, efficiency and accessibility, this units offer an excellent platform for business growth. Rent Per Square Foot: The rent is priced at USD 1.30 + VAT per sq.ft. offering a high-quality space at a good market rate. Monthly Rent: USD.7540 inclusive of VAT is the total monthly rent, ideal for businesses seeking premium positioning. Service Charge: With a fee of USD 0.20+ VAT per sq. ft., the monthly service charge totals USD 1160 inclusive of VAT. Parking: Dedicated parking bays are available at USD 100+ VAT per month, enhancing accessibility for staff and clients alike. Lease Duration: A long-term lease of 6 years ensures peace of mind and operational continuity. Upfront Payments: A three-month rental prepayment plus an equivalent refundable deposit covering rent, service charge, and parking is required to initiate tenancy. Annual Rent Escalation: Rent is subject to an annual increase of 7.5%, ensuring predictable budgeting over the lease term. Legal Fees: Tenants are expected to cater to legal expenses, which will be shared during the negotiation process. Fit-Out Period: Enjoy a one-month grace period for fit-out, where rent and parking are exempted. The service charge and electricity remain payable.