In the case of commercial property rentals both the Lessor and the Lessee are each to pay agency fees of 10% + VAT of the first year's rent. This fee is only paid once, and is non-refundable. Should the lease be for a period of less than one year, the agency fees are paid pro-rata, and should the lease be extended, the additional agency fees will then be paid in the same way.
Commercial Property Sales:
Commission is charged at 3.5% + VAT if agreed upon as an exclusive listing, also known as ‘Sole Agency‘ or 5% + VAT if listed as an open agency agreement. Commission is only paid by the vendor and no fees are due by the purchaser.