About this property
Affordable retail stalls to let at Gigiri on United Nations Avenue which is just a walking distance away from the UN offices and major embassies. The area is also one of the high-end neighbourhoods in Nairobi ensuring a steady flow quality traffic for retailers.
Available Space:
- Food court – first floor – renting at 65,000/- plus 14% vat inclusive of service charge pm
- Retail units – first floor – renting at 30,000/- plus 14% vat inclusive of service charge pm
- Retail units – ground floor – renting at 40,000/- plus 14% vat inclusive of service charge pm
Terms:
- One month fit-out period
- First 3 months – rent plus vat at 50% pm
- After 3 months – rent goes back according to the Lease.
- Electricity – minimum standard charge – 3,000/- pm – each unit has its own meter.
- Legal fee – 20,000/- one time payable.
- 3 months security deposit to be paid
- License agreement – one month’s notice of termination from either party.