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Listing ID: 19737

Airport Road, Cogon District, Tagbilaran City, Bohol
Rush Sale - 38M Negotiable
Lot Area 2,074 SQM Flr Area 1,400 SQM
FOR SALE: Office / Commercial / Industrial - Bohol > Tagbilaran

100
100 occupancy permit occupancy permit 4 3 2 5
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PROPERTY DESCRIPTION:

THE COURTYARD SPECIFICATIONS

Location:
Airport Road, Cogon District, Tagbilaran City, Bohol
(fronting Cogon Shrine-Simbahan Lingin)
(50 meters away from Tagbilaran City Airport, 300 meters away from
Tagbilaran City Wharf and 550 meters away from Tagbilaran City Center)

Total Land Area: 2,074 SQM

Fully Developed Area with Existing Structures: 1,400 SQM

Raw Area for Future Developments: 674 SQM

 

Existing Structures: Three Newly-Constructed (1.5 Years) Buildings, Jacuzzi-Swimming Pool, Landscaped Gardens and Hallways, Parking Spaces

Building 1 Floor Area/Type: Concrete Two-Storey Building with 1,150 SQM Total Floor Area; 16 Rentable Spaces, Lobbies and Hallways, Toilets and Comfort Rooms;

Building 2 Floor Area/Type: Concrete Two-Storey Building with Rooftop and Basement 500 SQM Total Floor Area; Le Spa Massage and Le Spa Gym Building, Basement Used for Staff House

Building 3 Floor Area/Type: Clubhouse Open Air Beside Pool/Jacuzzi 100 SQM Total Floor Area, Currently Used as Restaurant with Kitchen;

 

Jacuzzi and Swimming Pool: 120 SQM Total Floor Area with Control/Filter Room, Shower/Changing Rooms, and Toilet and Comfort Room; Construction Cost: P2 Million

Parking Spaces: Can Accommodate 14 Vehicles at the Same Time; Extra Parking Spaces Available Outside the Cogon Shrine (With Existing MOA for Use of the Church�s Parking Spaces)

Raw Area: The Raw Area was Planned to be Utilized for a Two-Storey Pension House with Basement Parking

Existing Tenants: The Building has Existing Tenants Earning More than P100,000++/Month, More than P1,000,000++/Year

Business Rights: Included in the Sale are the Business Rights to The Courtyard Real Estate Developer and All Tenants and Earnings of Monthly Rentals; Le Spa Massage�a profitable spa and massage center and the first of its kind in Bohol; and Le Spa Gym and Fitness Center�a profitable fitness center

The Courtyard Real Estate Developer: Inclusions: All Equipments, Fixtures and Machineries Contained within the Building Such as Furniture, Signage, Electrical Fittings and Lightings

Le Spa Massage: Inclusion: Trade Name and Secrets, Furniture, Sauna and Steam Bath (purchased at P150,000), indoor Jacuzzi (purchased at P30,000), 4 Massage Rooms and 3 Spa Spaces

Le Spa Gym: Inclusion: Trade Name and Secrets, All Gym Equipments (purchased at P300,000)

Financing Option: An affiliated bank is willing to help in full or partial financing of the purchase of the whole property and business. The owners will facilitate in the set-up of the financing if required.

Reason for Sale: Owners Leaving for the USA

THE COURTYARD SALE OFFER (PRICE = P38M Negotiable)

Inclusion in Sale:

  • All Developments within the Complex
    • Three Newly Constructed Buildings
    • Jacuzzi-Swimming Pool
    • Landscaped Gardens
    • Parking Spaces
    • Perimeter Fence
  • All On-Going Developments within the Complex
    • Completion of 2nd Floor
  • All Business within the Complex
    • Business Rights to Le Spa Massage, Le Spa Gym and The Courtyard Real Estate Developer
    • Trade Secrets and Transfer of Technology for the Businesses
    • Existing Tenants paying more than P160,000 per month in rentals
  • Raw Area
    • BluePrint of Proposed Pension House Building: Two-Storey with Basement Parking and Roofdeck
  • Equipments and Fixtures
    • All equipments, fixtures, machineries, furnitures, signage, electrical fittings and lightings
    • All airconditioning units owned by property owner
    • Sauna and Steam Bath, All Gym Equipments, Washing Machine and Dryer, Filter Machine for Pool, Refrigerator in the Gym
  • Sale Expenses
    • Lawyer's Fee Related to the Sale
    • All Taxes and Capital Gains Expenses
    • All Transfer Fees and Expenses
  • Renovation and Upgrade
    • The buyer can request for renovations and upgrades of the existing developments inside the complex. The buyer and seller will have to agree if the renovation and upgrade request is viable and within the bounds of the sale.
  • Documents are available.

           Certificate of Occupancies

           Official Receipts of Tax Payments for the Properties

           Sketch Plan

           Land Titles ( 5 individual title )

          Tax Declarations ( 5 individual )

 

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LISTED BY:
MCS Trading
Mary Jane J. Malanum

REBL No:
Allied trading supplies, construction, janitorial, novelty items

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