Business
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XiuFeng Commercial Department
Down the JieFang Road for Rent
¢ñ. Program A (Overall rent-out)
a. The contractor must set up a business entity to rent the department that shall register itself with XiuFeng District.
b. Floors for rent: ground floor and 1st floor to 3rd floor
c. Areas for rent: construction area covers 5,873.6 square meters, the ground floor is 1,396 square meters, the 1st floor is1,372.28 square meters, and 2nd and 3rd floors are 1,552.2 square meters respectively.
d. Termination: 10 years
e. Rent: 1.2 million Yuan for net rent annually, it shall be collected 80% of the total rent in the 1st and 2nd year and the rent shall increase progressively by 10% annually in the next 4 years beginning from the 3rd year.
f. Payment of rent: by contract. The contractor shall pay the rent three months in advance.
g. The contractor can entrust governmental departments to go through approval procedures if he or she find any difficulty in getting business license. The newly set-up company can expect preferential treatment and incentive reward issued by district government.
h. Other items shall be listed in the rent contract.
¢ò. Program B (rent-out floor by floor)
The contractor shall discuss with the owners.
¢ó. Contact Unit: The working group for commercial department rent-out
Contact person: Chunling Lu
Tele: 0086-773-2836343
People¡¯s Government of Xiu Feng District, Guilin Tel(Fax):86-773-283-6343