Commercial Building with existing businesses (operated/managed by the owner) FOR RUSH SALE!!! OWNER MIGRATING

CABUYAO PROPERTY DESCRIPTION 

COMMERCIAL BUILDING with Existing Businesses (operated/managed by the owner) FOR RUSH SALE !!!

OWNER MIGRATING

SALE IS ON AS - IS ,  WHERE  IS  BASIS ;

Original Price: Php13,500,000.00    SACRIFICE SALE PRICE: Php10,800,000.00 (net)Lot Area = 160 sq.m. (Corner Lot )         Floor Area = 730 sq.m. 

PROPERTY VALUATION

LAND -----  (Corner Lot )  -------------  160 sq m  x  P5,000/sq m  =  P     800,000.00

BUILDING ( Class "A" Finish ) --------- 730 sq m  x  P15,000/sq m  =  P   10,950,000.00

BUSINESS EQUIPMENT & FURNISHINGS ---------------1 LOT --------------  =  P    2,407,000.00

                                                              ______________

                                           TOTAL  COST        P  14,157,000.00 

              LESS:             EQUIPMENT   DEPRECIATION      ( P    657,000.00 )
ACTUAL  VALUE  OF PROPERTY TO DATE  ---------------------------------      P  13,500,000.00

SACRIFICE SALE  PRICE    ------------------------------------------- -------      P  10,800,000.00 ( net ) 

PROPERTY DESCRIPTION

The Property is located 30 meters away from Gate 1, Pamantasan ng Cabuyao, in Cabuyao, Laguna. All existing businesses are personally owned and managed by the PROPERTY OWNER which have existing regular daily clients and customers, mostly college students from Pamantasan ng Cabuyao. Note that this University has a present population of  about 2,500 students and faculties. Approximately, 18% - 23% of this population are regular daily customers. The BUYER can still increase the number of customers with effective marketing strategies;

 
Floor Area Usage and Existing Businesses of the BuIlding Owner are as follows:

a) Ground Floor (182 sq.m. Usable Area)- Existing School Supplies and Gift Shop; Fast Food / Venues for Parties/Occasions combined with Food Catering Services aside from  existing regular walk-in clients with a seating capacity of 100 persons. All existing equipments and furnishings included in the discounted selling price except one unit Panasonic Freezer.

Note: The Exterior Front is designed for outside dining where big umbrellas w/ dining tables/chairs are provided. Upon closing time, the Ground Floor interior main entrance can be converted into single car garage.

          Additional business can be introduced at the School Supply area like distributorship for Avon, Triumph, Boardwalk, Natasha products etc. Food Carts for street  foods and low cost Photocopying services may also be catered. The School Supply area can also be converted into a Water Station business.

         Canteen concessions at nearby Techno and Industrial Parks, Nestle, Asia Brewery, Distileria Limtuaco (Tanduay), Purefoods etc. is also viable making the Fast food business at the Ground Floor as Food Preparation Homebase.

  b)      Second Floor (154 sq.m.) Usable Area)- Existing Office Space & Three Computer Rooms with 36 units Desktop PC maximum to 45 PC.  Rooms are air-conditioned. All existing equipments and furnishings included in the discounted selling price.

  c)       Third Floor (154 sq.m. Usable Area)- Fast Food Extension / Coffee Shop w/ Videokes with a seating capacity of 80 persons; There is an Add’l Computer Room (for future expansion) with a  seating capacity of 18 persons. All existing equipments and furnishings included in the discounted selling price except one unit BESTERM refrigerated pastry display.

 Note: The Fast Food / Coffee Shop Areas are also intended to cater private  meetings, seminars and gatherings aside from existing and regular walk-in clients. All the rooms are air-conditioned. 

  d) Penthouse (154 sq.m. Usable Area)- Owner‘s   2  Bedroom Residence complete  with living, dining, main kitchen, toilet/bath, outside kitchen / grill area, Spacious open deck  for family parties and gatherings. Floor finishes are hardwood flooring and imported tiles. All existing equipments and furnishings included in the discounted selling price except one unit  Whirlpool refrigerator.

  e) Attic (86 sq.m. Usable Area)-   2   Bedrooms / Kid’s Play Area /Open Terrace. Floor finishes are imported vinyl sheet  and  carpet.

NOTE: The second floor and THIRD FLOOR CAN BE CONVERTED INTO CLASSROOMS IF THE BUYER DECIDES TO PUT UP A SCHOOL IN THE FUTURE.