Lease Terms and Conditions

• Security Deposit: Equivalent to 3 months' rent, to be paid upon signing of the lease agreement.
• Advance Rental: 3 months' rent, applicable to the last 3 months of the contract.
• Type of Leased Premises: Bare unit, without any furnishings or fixtures.
• Application of Security Deposit: The security deposit will be applied 60 days after the end of the contract, subject to the condition of the premises and fulfillment of lease obligations.
• Common Utility and Service (CUSA) Charges: 120//SQM and will be billed separately.
• Electricity and Water: Sub-metered, with the lessee responsible for their own consumption.
• Terms of Lease: The lease agreement will be for a period of 2 years, with the option to renew subject to mutual agreement.

Escalation Rate
1. 2nd Year: No escalation, rent will remain the same as the first year.
2. 3rd Year and Succeeding Years: To be discussed and determined during the ocular visit, and will be subject to mutual agreement.
Payment Terms
1. Mode of Payment: 12 months' Post-Dated Checks (PDCs), to be submitted upon signing of the lease agreement.

here are some of the establishments near 401 Sen. Gil J. Puyat Ave, Pasay, 1308, Metro Manila:

**Hotels:**
1. **Copacabana Apartment Hotel** ( Address: 264 EDSA Extension, Pasay, 1308 Metro Manila) - a 3-star hotel offering rooms and suites with free Wi-Fi and a restaurant.
2. **Networld Hotel** (Address: 365 Sen. Gil J. Puyat Ave, Pasay, 1308 Metro Manila) - a 3-star hotel with an indoor pool, fitness center, and free Wi-Fi.
3. **Soleste Hotel** (Address: 418 Sen. Gil J. Puyat Ave, Pasay, 1308 Metro Manila) - a budget-friendly hotel with simple rooms and free Wi-Fi.

**Restaurants:**
1. **Bistro Pasay** (Address: 401 Sen. Gil J. Puyat Ave, Pasay, 1308 Metro Manila) - a Filipino restaurant serving traditional dishes and offering catering services.
2. **Jollibee** (Address: 361 Sen. Gil J. Puyat Ave, Pasay, 1308 Metro Manila) - a popular fast-food chain serving Filipino favorites like Chickenjoy and Yumburger.
3. **KFC** (Address: 335 Sen. Gil J. Puyat Ave, Pasay, 1308 Metro Manila) - a fast-food chain specializing in fried chicken and other savory meals.
4. **Mang Inasal** (Address: 355 Sen. Gil J. Puyat Ave, Pasay, 1308 Metro Manila) - a grilled chicken restaurant that serves Filipino-style barbecue.

**Shopping Centers:**
1. **SM Mall of Asia** (Address: Seaside Blvd, Pasay, 1308 Metro Manila) - a large shopping mall featuring a variety of international and local brands, restaurants, and entertainment options.
2. **Blue Bay Walk** (Address: EDSA Extension, Pasay, 1308 Metro Manila) - a shopping and entertainment complex with restaurants, bars, and retail stores.
3. **Metropoint Mall** (Address: EDSA Extension, Pasay, 1308 Metro Manila) - a mid-sized shopping mall with a mix of retail stores, restaurants, and services.

**Gas Stations:**
1. **Shell Gas Station** (Address: 401 Sen. Gil J. Puyat Ave, Pasay, 1308 Metro Manila) - a gas station offering fuel, lubricants, and other automotive services.
2. **Caltex Gas Station** (Address: 361 Sen. Gil J. Puyat Ave, Pasay, 1308 Metro Manila) - a gas station providing fuel, car wash, and other services.

**Banks and Financial Institutions:**
1. **BPI** (Address: 365 Sen. Gil J. Puyat Ave, Pasay, 1308 Metro Manila) - a branch of the Bank of the Philippine Islands offering banking services and ATM facilities.
2. **BDO** (Address: 401 Sen. Gil J. Puyat Ave, Pasay, 1308 Metro Manila) - a branch of Banco de Oro offering banking services, loans, and ATM facilities.
3. **Metrobank** (Address: 335 Sen. Gil J. Puyat Ave, Pasay, 1308 Metro Manila) - a branch of Metropolitan Bank & Trust Co. offering banking services and ATM facilities.

**Other Establishments:**
1. **LRT Line 1 - Libertad Station** (Address: 345 Sen. Gil J. Puyat Ave, Pasay, 1308 Metro Manila) - a train station serving the Light Rail Transit Line 1.
2. **Meralco Business Center** (Address: 405 Sen. Gil J. Puyat Ave, Pasay, 1308 Metro Manila) - a business center offering electricity and other services from the Manila Electric Company.
3. **PLDT Libertad Exchange** (Address: 351 Sen. Gil J. Puyat Ave, Pasay, 1308 Metro Manila) - a telecommunications exchange center operated by PLDT.