Massive Office Space Malta St Julians. This is ideal for any high standard tenants that require high quality office space in a good location. These tenants should have a renowned brand identity and a strong sound franchise. There is level 2 office space: 2124 sqm of prime commercial property finished to an executive standard.
PROPERTY CONDITION AND SERVICES
The office premises will be leased fully finished and will be equipped with the following:
No car parking facilities will be made available by the Landlord. However the tenant may opt to enter into a parking agreement with the public car park operators or alternative operators in the proximity.
TERMS
Term: A 3 year di fermo term, renewable after 2 years.
Rent: A rate of €300 +VAT per sqm per annum, with an adjustment every year at 3{a183958fc7faa38e3cb9ca1450e4233f504ddfec890a1094f1ff0142768434a5} or NSO whichever is higher.
Maintenance: A rate equivalent to 15{a183958fc7faa38e3cb9ca1450e4233f504ddfec890a1094f1ff0142768434a5} of the rent amount per annum to cover maintenance, common area cleaning and night security services will apply.
Termination: The tenant may terminate the lease after the first 3 years of the lease term subject to giving landlord 6 months advance notice in writing.
Payments: Rent is to be paid six months in advance, 30 days from invoice receipt.
Sub-Leasing/Sub-Letting: Sub-leasing and Sub-letting are not allowed unless the new tenant is a subsidiary or member of the same group.
Permits: The tenant will be responsible for any permits/licences required to operate from within
Security Deposit: 6 months’ rent.
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