Escalation Rate

5% PER ANNUM ON RENT

Parking

DESIGNATED PARKING
Minimum Term of the Lease Six (6) Years
Rent Escalation Rate 5% Annually
Rent Free Fit Out Period Minimum thirty (30) days
Rent Commencement Date After the expiry of the Fit Out Period
Rent and Service Charge Deposit Required Quarterly Deposit for the Last Year of Lease Term

 

Rent Free Fit Out Period – Maximum Sixty (60) days
  • Rent: Kshs 250.00 per sq.ft per month
  • Service Charge: Kshs 39.00 per sq.ft per month
  • Promo Levy: Kshs 5.00 per sq.ft per month
  • Deposit Required – Quarterly Deposit for the Last Year of Lease Term