 |
FoodMall Square
|
Lease or Sale of Leasehold Rights
|
| Rate: |
Php 300 per sqm. monthly, with 10% escalation every year |
| Common Usage & Service Area Charges: |
Actual expenses on center maintenance & utility bills of common areas, to be equitably shared based on lot or floor area |
| Deposit: |
Equivalent to 4 months rental, to be escalated every year |
| Rental: |
6 months advance, to be applied to last 6 months; 1 year contract with 12 post dated checks |
| Contract: |
Yearly and renewable lease contract |
| Broker's Commission: |
5% of the Total Contract Price |
| Royalty to Dona Rita: |
1% of gross sales, payable monthly |
