Common Area Maintenance Costs consist of:
Offices are:
Contract term: A 4-Year di-fermo period. Flexible lease term subject to negotiation.
Deposit: 6-Month Rent & Maintenance charges due on signing of lease agreement.
Security Deposit: 4-Month deposit (based on 1st year’s annual rent) is due on signing of lease agreement
Area: 420.76 s.m (219.63 sm working space and 201.13 sm Terrace)
Rent: € 250 per s.m per year (working space), € 115 per sm per year (terrace)
Common Area Maintenace: € 24.83 per s.m per year
Location: Level 8
The above rates (Rent, Marketing and CAM) excludes 18% VAT and rent increases by 4% per annum. As regards electricity, charges are on a consumption basis, in arrears, applying Enemalta rates.
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