Burmarrad Office (To Let)

LOCATION

Burmarrad

PLOT SIZE

470 sqm

CATEGORY

PRICE

€6,854 PCM

The office space is situated at the block of offices/showrooms situated at Sardine Street corner with Burmarrad Road, Burmarrad limits of St. Paul’s Bay.

The office space overlies and underlies third party and/or property belonging to Landlord and is subject to those servitudes, including but not limited to the passing and installation of pipes, cables, drainage, opening of windows and other apertures, at Landlord’s discretion.

The area of the leased property is 470 sqm.

The leased space include:
• a board room,
• gym,
• kitchen,
• female and male bathrooms, including shower cubicle in each room
• closed offices (including glass walls and doors)
• Open space area for approximately 30 work station
• Option availability up to 17 car spaces

Current market rates per sqm
€160 – €190 per square meter per year
Equivalent to €75,200 – €89,300 per year (exclusive of VAT)
Car spaces
€35 – €45 per car space per month
Equivalent to €7,140 – €9,180 per car space (exclusive of VAT)
Total INDICATIVE annual fee
€82,340 – €98,480 per year
Our INDICATIVE offer
Office space including 7 free car spaces at €175 per sqm = €82,250
10 car spaces at €40 per car space per month = €4,800
€87,050
Term:
Di fermo period of 3 years
Di rispetto period of 6 years after di fermo period
Increase in rates:
5% every 3 years, commencing from di fermo period
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