The single storey warehouse / factory building annexed to 3 storey office building for rent as be published in previous posting has with it the 5 reasons why the factory is rentable.
A single storey warehouse / factory building annexed to 3 storey office building for rent in Taman Perindustrian Bukit Minyak, Penang.
Free renovation period: Upon signing and stamping of tenancy agreement along with payment as agree, the free period of one month will be given to tenant to enable him to facilitate his renovation. The renovation will be subjected to landlord approval.
With comparative market analysis(CMA) on rental be used as benchmark, the rental pricing is competitive in that locality based on the condition of subject property.
Flexibility: Prospect tenant that is taking up the subject property will be on “As Is Where Is” basis. However landlord is flexible to discuss the terms further.
Duration of tenancy is three-year with the option of another three-year. This will be advantage to tenant of multinational company that in normal situation require long lease as with its establishment and logistics.
Factory-typed structure: The subject property as per se been restored with reinforced to its concrete flooring. It has substation within its premises, therefore any upscale could be done. Currently it has a power supply of 1000Amp.
This article has been written by VULCAN INT'L Real Estate Research Institute http://www.vulcanresearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://www.vulcaninternational.blogspot.com .VulcanInternational could be contacted at +6 016 451 1321 .You're welcome to write your constructive comment below.
