Commercial Space for rent and Sale in a High-Traffic Mall Near Mombasa Road

For Sale: 70M +VAT
For Rent: KES 450,000 + VAT

Property Description

A fantastic opportunity awaits at a prominent location near Mombasa Road. This 3,600 sq. ft. space is ideal for businesses catering to vegetarian clientele (no alcohol allowed).

Key details:

  • Utilities: Water and electricity billed per usage.
  • Fit-Out Period: 2 months.
  • Lease Terms: 3-month deposit, 1-year advance payment with 1-month free rent upon approval.
  • Escalation: 5% annually

Facilities:

  • Provision for kitchen and toilet (public restrooms available).
  • Backup generator and city council water supply.

Requirements:

  • Construction requires owner approval and municipal permits.
  • Legal fees and stamp duty applicable for lease agreements.

An excellent space for a thriving vegetarian business in a prime shopping destination! The retail space is located on the ground floor, directly opposite a popular supermarket chain serving as the anchor tenant.

Price:

Rent: KES 450,000/month (negotiable to KES 400,000) + VAT.
Service Charge: KES 90/sq. ft. (no VAT).
Sale: 70 Million + VAT

Don’t miss this rare opportunity for your business in a premium location. WhatsApp James https://wa.me/254780653391

Please note that Coral Property International Ltd does not charge any fees for viewings

Property Id : 158014
Price: For Rent: KES 450,000 + VAT
Property Size: 3,600.00 ft2

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James Omariba