Office & Retail Space To Let In Gigiri

Property Description

A residential and commercial complex on United Nations Avenue, Gigiri, opposite the United Nations headquarters (UNON), adjacent to the US Embassy and several diplomatic missions in Gigiri, considered the safest and one of the most cosmopolitan area of Nairobi, with a vibrant cultural and culinary life, natural retreats, etc.

• Private washroom and kitchenette in the bigger spaces.
• Ample parking.
• Adequate water storage and borehole supply.
• Backup generator.
• Excellent tenant mix e.g. banks, hospital, cafe, restaurant etc. which ensures good footfall throughout the property.
• Very tight U.N. approved security.

Available Office & Retail Space:

• SHOP NO	RENTAL AREA IN SQFT
  AS1MF	700 sqft
  AS3MF	969 sqft
  AS5MF	550 sqft
  DS2	1938 sqft

NB: Service charge includes security, garbage collection, electricity in common areas, water, cleaning in common areas.

Terms:

• Rental rate – will be +VAT and is inclusive of service charge, but excludes electricity, generator use and parking.
• Lease tenure – 6 years.
• Licence tenure – minimum 2 years
• Annual rent escalation – 10%
• Security deposit – equivalent to 3 months’ rent. At the 3rd year of the tenancy you will be required to top-up your deposit.
• Rent payment frequency – quarterly in advance.
• Lease preparation fees and charges – payable by the tenant on our lawyer’s initial estimate.
• Generator rate – Kshs 5,000.00 + VAT per month
• Parking fees – Kshs 10,000.00 + VAT per month

To arrange a viewing, WhatsApp Ashraf on https://wa.me/254753444022