Satjay Bridgetown Centre First Floor

Available now. This commercial space located in the heart of Bridgetown nestled between Broad and Swan Street from Bolton Lane and Middle Street and can be leased as one space totalling 18,277 sq ft, or split, noting that the west wing is 10,627 sq ft and the east wing is 7,600 sq ft. This floor is a partial split level which is accessible via steps and a wheel chair lift. The property also features a partial mezzanine floor between ground and first floor which consists of bathrooms, lunchroom, board room, security room and storerooms. There are 18 bathroom stalls total and the ceiling height is 12 feet. Tenants stand to gain significant advantages, including Duty-Free privileges on Leasehold improvements, in accordance with the regulations of the Special Development Area Act. This means that all imported materials utilized for Leasehold improvements within the leased premises qualify for concessions. The Landlord is committed to supporting this process by providing certificates to the Comptroller of Customs, based on the tenant's submitted invoices and shipping documents. Additionally, the Landlord is open to assisting with a gradual reduction of the cost of setting up Leasehold improvements through a rent credit arrangement over time. This opportunity holds particular appeal for Offshore Banks, Insurance companies, Government agencies, office setups, businesses involved in furniture, electronics, and appliance sales, as well as various retail outlets specializing in clothing or hardware items. This property is being being rented with standby generator, CCTV, fire alarm, smoke detectors, ceramic flooring, provision for A/C unit, electrical panel, water meter, and primed walls. The rental rate is $18 psf per annum + VAT. All utilities will be covered by the tenant. This property will follow a a triple net lease (NNN) where the tenant assumes responsibility for covering the property tax, insurance, and maintenance costs, in addition to their regular rent payments. As the tenant shoulders these three primary expenses, it results in a reduced rent rate compared to the going rate. In this instance, the standard rental rate for this property amounts to $30.00 per square foot annually, whereas, under a Triple Net arrangement, it decreases to $18.00 per square foot annually.

• High Ceilings
• Security Camera
• Excellent Light
• Open Plan design
• Smoke Detector
• AC Split
• Generator
• AC Central
• Alarm
• Burglar Bars