Property Description
Built on an acre, this new development is located in the heart of Westlands and will soon be having a well known 4.5-star international hotel as an anchor tenant occupying 10 floors thereby ensuring a steady flow of quality foot traffic for the retail units on the ground, first and second floors.
The development has a total number of 33 shops ranging from 1,500 sqft to 4,000 sqft, 21 offices ranging from 1,400 sqft to 6,000sqft.
Areas
- Ground Floor – 21,500 sqft
Thoughtfully designed for the waiting lounge of the hotel, a coffee shop at the entrance, a quality express supermarket and a few retail shops. - First Floor – 21,800 sqft
This will hold a mixture of retail shops, showrooms and restaurants. - Second Floor – 21,800 sqft
This too will hold a mixture of retail shops, showrooms and restaurants. - Third Floor – 24,000 sqft
Fully let out to a state of the art gaming zone which will cater to all age groups. - Fourth Floor – 23,000 sqft
Office space ranging from 1400 – 6000 sqft - Fifth Floor – 23,000 sqft
Office space ranging from 1400 – 6000 sqft
Features:
- Security based on international standards due to the presence of a well known hotel.
- 3 levels of basement parking with 250 parking bays for mainly the tenants and their clientele (hotel guests will generally stick to pick up and drop off arrangement).
- Escalators serving two floors.
- 2 passenger lifts and 1 service lift.
- 3 fire exit staircases.
- Each floor with a disabled, gents and ladies washrooms.
- Power backup generators.
- Borehole & county water connections.
- Fire detection and suppression systems in place.
- Provision for air conditioners, water and networking in each unit.
Available Space:
Ground Floor:
- 4 units approx. 1950 sqft each.
- 1460 sqft.
- 3750 sqft.
4th Floor:
- 1580sqft
- 1683sqft
- 1831sqft
- 1855sqft
- 1833sqft
5th Floor:
- 1876 sqft
- 1843 sqft
- 3418 sqft
Rates & Terms:
- Ground Floor – KES 175 + 20 SC + VAT per sqft
- 1st & 2nd Floor – KES 140 + 20 SC + VAT per sqft
- 4th & 5th Floor – KES 100 + 20 SC + VAT per sqft
- Parking – KES 10,000 + VAT per bay
- 5.5 years lease period
- 5% yearly increment on rent
- 3 months’ rent as the security deposit
- Legal fees for lease preparation and stamp duty to be borne by the tenant
To arrange a viewing, WhatsApp Rose https://wa.me/254735801077
Please note that Coral Property International Ltd does not charge any fees for viewings.
Property Id: 49455
Price: from KES100 + 20 sc + vat
