Local for rent in CompostelaLocal en renta en Compostela

Retail space and terrace for rent at Plaza Comercial Compostela.

Retail space and terrace available. Located on the Mérida-Progreso highway, just 5 km from northern Mérida and a few minutes from Universidad del Mayab. It is located at the entrance to the Compostela residential development.

Retail space of 47.26 m2 and terrace of 42.08 m2 each.
Maintenance fee $3,093.85 + IVA

Rental conditions
*2 months' deposit. If you do not have a guarantor, an additional 1 month's rent is required as a deposit.
*1 month's rent in advance plus IVA (Includes maintenance fee)
*Notarized settlement agreement (At the client's expense)
*Minimum agreement term: 2 years (24 months) - Maximum agreement term: 5 years (60 months)
*Annual rent increase according to the INPC (National Consumer Price Index)
*Maintenance fee: 10% of the rent amount (Plus IVA)
*Grace period for improvements and start of operations: 2 months (Starting from the contract signing date)
*Take out a Civil Liability insurance policy for Activities and Properties for $2,000,000 MXN
(During construction)
*Take out a tenant's Civil Liability insurance policy with an insured sum of no less than $5,000,000 MXN
*The project must be submitted to the construction department for approval (Format specified in the fit-out manual)
*Cover the cost of architectural project review ($1,200 MXN)

Apply for the corresponding permits:
1. Permit to adapt the retail space from the corresponding entity
2. Gas contract (only if required)
3. Contract with CFE