Building for rent in Lat Phrao area, Building 1

Rental Details for Ladprao Building 1

Property Details:

• Building 1 has a usable area of approximately 1,147 square meters (including both land and the building).
• The front side faces Ladprao Road, with an on-site parking lot located on the 1st floor of the building. Since the building was originally a bank, the 3rd floor still has the bank's safes in place.
• Parking Floor: Ceiling height between floor and beam is 2.65 meters, and floor-to-floor height is 2.85 meters.
• 2nd Floor: Ceiling height is 5.9 meters, with one air conditioning unit (ARV) capable of cooling the entire floor.
• 3rd Floor: Ceiling height is 3.25 meters.

Rental Terms:

• Building 1 + vacant land behind: Rent is 450,000 Baht per month.
• Security Deposit: 3 months' rent.
• Advance Rent Payment: 1 month's rent.
• Lease Term: 3 years with the option to renew for another 3 years (after 3 years, the lease may be renewed or not at the tenant's discretion).
• Usage Restrictions: The lease is for business purposes, excluding businesses like pubs, bars, or illegal activities.
• Renovation Period: Tenants can be exempt from rent payments for up to 2 months during the renovation period.