🏢 RETAIL/ COMMERCIAL SPACE FOR LEASE
📍 Natividad Lopez St., Ermita, Manila, 1000 Metro Manila

✨ WHY CHOOSE THE AREA?
🚆 Accessibility – Walking distance to LRT Central & UN Stations, major jeepney & bus routes.
🏢 Institutional Hub – Surrounded by government offices, universities, dormitories, and hospitals.
👨‍👩‍👧‍👦 High Foot Traffic – Daily workers, students, and residents generate strong demand for essential services.
💡 Basic Necessity Business – Laundry & water refilling are in-demand daily needs for nearby residents and office workers.

📈 BUSINESS GROWTH POTENTIAL
🌆 Ermita is a mixed-use community (residential, educational, and government) → guaranteed long-term market.
🏗️ With ongoing redevelopment in Manila (infrastructure & city modernization projects), demand for convenience businesses will continue to grow.
💧 Water & Laundry services = sustainable & recession-proof business model.

🏪 NEARBY ESTABLISHMENTS
🏛️ Government – Manila City Hall, Supreme Court, DOJ, GSIS
🎓 Schools & Universities – Philippine Normal University, Technological University of the Philippines, FEATI, nearby dorms & boarding houses
🏨 Hotels & Residences – Go Hotels Ermita, Citystate Tower Hotel, Robinsons Residences
🏥 Hospitals – Philippine General Hospital, Manila Doctors Hospital
🛍️ Malls & Retail – SM Manila, Robinsons Place Manila

💼 APPLICABLE & IDEAL BUSINESS
✅ Water Refilling Station – high demand from offices, schools, dorms, and residents
✅ Laundry Shop (Self-Service or Drop-off) – caters to students, employees, and transients
📌 These businesses provide daily necessity services, ensuring steady income flow and low risk.

📜 LEASE TERMS & CONDITIONS
🔒 Security Deposit: 3 months rent upon signing
💰 Advance Rental: 3 months rent (for last 3 months of contract)
🏠 Premises: Furnished unit (without furnishings/fixtures)
📅 Lease Period: 3–5 years, renewable by agreement
📈 Escalation: No increase in 1st year; succeeding years subject to agreement
💳 Payment Terms: 12 months Post-Dated Checks upon signing
⚡ Utilities: Sub-metered electricity & water, CUSA charges applied
🗓️ Security Deposit Return: 60 days after contract end (subject to conditions)