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Re-Lease

Essay by   •  May 23, 2011  •  350 Words (2 Pages)  •  1,139 Views

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Thank you for renewing your lease with us. It has been our honour to have an understanding tenant for the past five years and we are keen on a re-contract with your company.

However, as you would have known there has been a recent rise of 20-30% in market rental rate. This, together with an increase in office maintenance fees, resulted in the rise in rental fees to $6.00 per sq ft.

That being said there is now a great offer presented for you. Instead of paying the market rate of $6.00 per sq ft, you can enjoy a discount, paying a much lower rate of just $4 per sq ft. This revised rate is much closer to the rate you have proposed. We propose to you a new premise at our 8th storeyÐ'--the two-units merged, pristinely furnished office.

Premium place at an affordable price

You would pay only $4 instead of $6.00 per sq ft for the new premise. You can continue to enjoy our strategic location while benefiting from a discount. (Refer to letter end)

Hassle-free move with no extra cost

The units are well-furnished with new old fittings, carpeting and paintworks that are in tip top condition. In addition, both the units are constructed with the same layout and design. Hence, no extra cost would be incurred and you could move in with ease. Furthermore, you could take this opportunity to give your office a fresh outlookÐ'--a renovation without extra cost.

Better layout with more spacious office

The two units at the 8th storey were constructed in an area optimizing manner. The L-block design is not only space-saving but modern as well. This utilizes a lot more area of the new premise (up to 90%), as compared to the previous unit (approximately 70%).

An auspicious "8"Ð'--for business to

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