Hotel Commercial Property for Rent in Milimani, Upperhill
Milimani in Upperhill offers some of Nairobi's most prestigious hotel rental opportunities, catering to both boutique operators and established hospitality chains. The area combines prime accessibility with upscale surroundings ideal for accommodation businesses.
About Milimani Hotel Rentals
This exclusive neighborhood features:
- Proximity to corporate offices and government buildings
- High-end residential developments nearby
- Excellent security and infrastructure
- Premium clientele and business travelers
Available Hotel Spaces for Rent
| Property Type | Size Range | Monthly Rent Range | Lease Terms |
|---|---|---|---|
| Boutique Hotel | 5,000-10,000 sq ft | Ksh 800,000 - Ksh 2.5M | 3-5 years |
| Serviced Apartments | 8,000-15,000 sq ft | Ksh 1.2M - Ksh 3M | 5+ years |
| Full-Service Hotel | 15,000-30,000 sq ft | Ksh 3M - Ksh 8M+ | 5-10 years |
Rental Terms and Conditions
Standard leasing arrangements include:
- Security deposit: Equivalent to 2-3 months' rent
- Service charge: Typically Ksh 150-300 per sq ft/month (covers common areas)
- Fit-out period: 3-6 months rent-free for major renovations
- Rent reviews: Annual adjustments based on market conditions or CPI
Amenities and Features
Most hotel properties in Milimani offer:
- 24/7 security with CCTV surveillance
- Adequate parking spaces (1 per guest room minimum)
- Backup power generators and water storage
- High-speed fiber internet connectivity
- Sewage and waste management systems