189 sqm Office For Rent in Bank Drive near EDSA Ortigas Mandaluyong

189 sqm Office For Rent in Bank Drive near EDSA Ortigas Mandaluyong

Code: LPC0038

Location: Bank Drive, Ortigas Mandaluyong

1 st Step: Submit Client Registration Form

2 nd Step: Schedule an ocular inspection

3 rd Step: Standard Due Diligence

2024 GIS

Latest Audited Financial Statement

Bank Reference/ Bank Certificate

Trade Reference

Existing Office Address, Current Rent and Reason for moving out

If new company-request for the Bank Certificate of the mother company, GIS 2024 and Latest AFS of the mother company

PROCESS:

4 th Step: Credit Checking

5 th Step: Letter of Intent or Lease Offer

6 th Step: Once Lease Offer signed (both Parties),

next step is the Payment of the Reservation Deposit.

7 th Step: Execute/ Sign the Contract of Lease and Payment for all necessary charges.

8 th Step: Handover of the Lease Premises

TERMS AND CONDITIONS:

LEASE PERIOD : Minimum of two (2) years up to five (5) years

BUILDING DUES/ CUSA : Php165.00./sq.m. and VAT

AIRCON MAINTENANCE FEE: Php77.00/sq.m. and VAT

ESCALATION : 10% annually (Rent ,Building Dues/CUSA & Aircon Maintenance Fee) starting on the 2nd year of the term

RESERVATION FEE : Equivalent to 1 month Rent, Building Dues/Cusa and Vat of the 5th year rent of the term.

SECURITY DEPOSIT : Equivalent to 4months Rent, Building Dues/Cusa and Vat of the 5th year rent of the term.

ADVANCE RENT : Equivalent to 2mos Rent, Building Dues/Cusa, Aircon Maintenance Fee and Vat of the 5th year rent of the term.

TERMS AND CONDITIONS:

CONSTRUCTION BOND : Equivalent to 1month Rent, Building Dues/Cusa, and Vat of the 1st year rent of the term

VETTING FEE : One-time Vetting fee equivalent to Php100.00/sq.m.

PARKING FEE : P7,150 per slot per month, plus VAT, subject for 10% escalation annually

UTILITY DEPOSIT :

WATER/ ELECTRICITY : Sub-metered

For unit inspection, please contact Broker Sol de los Reyes