Grote Marktstraat 51 2511 BH Den Haag

PRIME RETAIL SPACE IN THE HAGUE'S CITY CENTRE:
Unique retail space available in the Grote Markstraat in The Hague. The Grote Marktstraat is the most important shopping street in The Hague where major retailers such as The Bijenkorf, Uniqlo, Pull & Bear, Peek & Cloppenburg, TK Maxx, HEMA and Media Markt are located. The retail space is part of the Sijthoff City-complex, which in 2015 has been fully renovated and is now distinguished by its architecture, efficiency and identity.

FLOOR AREA:
A total of approx. 1,004.9 sqm L.F.A. will be available for letting, divided as follows:
- Ground floor: 678.6 sqm L.F.A. Retail
- First floor: 297.0 sqm L.F.A. Secondary
- Common areas: 29.3 sqm L.F.A. Secondary

CURRENT ANNUAL RENT:
€ 656,000.- excluding VAT.

SERVICE COSTS:
- Common areas: EUR 15,- per sqm per year exclusive of VAT
- Individual use: EUR 65,- per sqm per year exclusive of VAT
The actual service charges will be settled at the end of each year.

PAYMENT:
Quarterly in advance.

LEASE PERIOD:
5 years with extension periods of 5 years each.

AVAILABILITY:
1st of August 2025.

INDEXATION:
The rent will be adjusted annually, starting 1 year after the commencement date of the lease, based on the
consumers Price Index figure for all households (2015=100) as published by the Central Bureau for Statistics.

LEASE AGREEMENT:
Lessor’s model (7:290) based on the Standard R.O.Z., model 2022.

SECURITY:
A bank guarantee/ deposit for an amount equal to 3 months rent, service charges and promotional costs, to be increased with VAT.

STATE OF DELIVERY:
In current state, empty and broom clean. The premises be leased as a shell.