Sri Petaling Shops To Let and For Sale
Investing into property in Sri Petaling can be very profitable especially if you operate a retail business or an office. There are a lot of shops available around Sri Petaling to let which are affordable and very practical.
Sri Petaling Agents available for houses, shops and retail outlets for sale and rent
Rates – Renting a shoplot in Sri Petaling starts from about RM4,000 per month. This is considered to be one of the most affordable in the heart of Klang Valley. Rental rates here are standard which means that they only cover rental where the utility bills and other overheads will be borne by the tenant.
If you are looking for a larger space with better visibility, then corner shop lots might be an ideal choice. However, it is costlier which would be about RM10,000 per month. Corner lots are however more suitable for mamak shops, banks and tyre shops.
Levels – The ground floor lots are most ideal for all sort of businesses. From RM4,000 per month, you can operate businesses like steamboat restaurants, cafes, fruit stalls, stationery shops, hardware shops, banks, car spa or workshops, lighting shops, pharmacies, pet stores, electrical appliances or clinics. Besides that, they are ideal for hotel lobbies.
Banks tend to use corner lots as they are larger and more convenient. This is why you will notice the likes of Public Bank and Bank Islam occupying such locations. Take note that renovation can be higher and is more affordable for larger businesses.
On the first floor of the shop lots, you will find that they are commonly used by offices and businesses that do not need to much traffic. This includes day-care centres, children enrichment outlets, fashion and apparel boutiques, restaurants or cafes and beauty salons, among others.
Second to top floor lots meanwhile are a lot cheaper. They start from RM1,000 per month and are ideal for offices, hotels and reflexology centres.
Rental Agreement and Specifications
Shop sizes in Sri Petaling are typically 20 feet wide and 65 feet deep. If you are renting corner lots, you will find extra spaces through the walkways. In most cases, tenancy agreements will be 2×2 which means 2 years with a review for the next 2 years after that.
This means that the rental will most likely be increased based on the current market rate after 2 years. Once agreed, you will most likely be required to pay 1 month advance, 1 month deposit, 1 month for the current rent and another for utility bills.
Sri Petaling Property Agents listed below:
- 0122749666(Jimmy Low)
- 0169655502(Ray Chan)