PAS-U1-0001

Property Type: Commercial Building

Rent/Sale: Rent/Sale

Total Land Area: 910 sqm

Total Floor Area: More or less 1,500 sqm

Additional Info:

- Owner wants to sell the whole property or lease it to one company only.

- The commercial units fronting the main street are currently in a restaurant/commissary setting except for one.

- 2nd floor units can be for office or restaurant/commissary use with alfresco dining

- 3rd floor is an open bar setting and one unit air-conditioned restobar

- The building has an alley which has an entrance from the main street towards the back street.

- Highly commercial area.

- There are some units that can be extended up to 300 to 400 sqm.

IF SALE

NET Selling Price: P312,000/sqm + VAT [based on the Land Area (negotiable)]

Payment Terms: Cash 

Expense Sharing between the Buyer and Seller:

- Buyer will shoulder all taxes (CWT/CGT, Documentary Stamp Tax, IT Fee, Transfer Tax, Registration Fee, and other incidental fee

IF LEASE

Monthly Rental: For further negotiations

Payment Terms: 3 mos. sec. deposit + 4 mos. advance (2 mos. to be used for the first 2 mos. then other 2 at the last months) + PDCs

Lease Term: Min. 1 year

Additional Information

- All units will be available on the 2nd quarter of 2024.

UNIT PHOTOS

Disclaimer

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- Prices and availability are subject to change.
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