White Palace Building: Commercial Space in Kunitachi, Tokyo
This commercial property, the White Palace Building, offers a prime location in Kunitachi City, Tokyo. The available unit is a spacious 96.90 sqm (approximately 29.31 tsubo) shop or office space. The building itself is a reinforced concrete (RC) structure built in January 1985, standing six stories above ground with two basement levels. The unit is located on the 5th floor, accessible by elevator.
Key facilities and equipment include city gas, an elevator, and a private toilet. Special notes from the agent indicate that the space is suitable for restaurants and is available for 24-hour use. Important remarks include the presence of a cancellation notice period, a penalty for early termination, and the requirement for consultation regarding the type of business to be operated. The renewal fee is equivalent to one month of the new rent.
The financial terms are detailed. The monthly rent is 450,000 yen. There is no security deposit (敷金). However, a key money (礼金) of one month's rent (450,000 yen) is required. A substantial guarantee deposit of 10 months' rent (4,500,000 yen) is also necessary, with 20% subject to depreciation upon contract cancellation. A monthly management/common area fee (管理費/共益費) of 69,300 yen applies. The initial guarantee fee for a rent guarantee company is 519,300 yen. The standard contract period is three years.
