What does pax mean?

My business studies coursework is to plan to set up a business. Part of this is to find a good shop location, we have been given a website and been told to look through it and pick a property, but I do not know what pax mean when it comes to rent, can any one help me?

Answer #1

Per Annum Exclusive

Basically it means that the rent doesn’t include additional costs such as insurance or business rates.

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