Thursday, November 10, 2022

BAT-LIP-0003

Property Type: Warehouse Compound
Lease/Sale: For Sale
Lot Area: 15,688 sqm
Selling Price: P510,000,000 (P510 million) 
Expense Sharing between the Buyer and Seller
Seller: CWT/CGT, broker's commission, and other incidental fees
Buyer: Documentary Stamp Tax, IT Fee, Transfer Tax, Registration Fee, VAT, and other incidental fees
Overall Property Details
- This warehouse compound is income generating and has tenants
- It has one cold storage, 3 warehouses, and 2 offices
- Generator is available
- Located along a main-road. It is situated on a prime location.
- The property's registered classification is commercial.
- 20 to 40 footer trucks can easily access the warehouse compound.
- The property has deep-well water, sewer system all over.
- The compound is already 3-phase ready.
- Highest and Best Use: continue as a warehouse compound, convert into a commercial strip, convert into residential

Cold Storage Details
- The cold storage facility is new (built Feb. 2022).
- Cold storage is approx. 1,800 sqm.
- The cold storage has 5 freezer rooms (up to -18 degrees Celsius), 2 freezer rooms (-24 degrees Celsius), and 2 chiller rooms (5 to 10 degrees Celsius)
- Handling fee = P20/pallet
- Freezer room = P65/pallet
- Chiller room = P55/pallet
- Right now, being rented in the cold storage is the 3 freezer rooms, 2 chillers, total of P900,000/mo.

Warehouse and Office Building Details
- First red warehouse from the gate including the room in between the two red warehouses, income is P80,000/mo.
- Second red warehouse from the gate, income is P240,000/mo.
- One blue warehouse, income is P170,000/mo.
- All warehouses are currently occupied.
- The warehouses have an average floor area of 1000 sqm.
- The compound has office buildings as well with average floor area of 200-300 sqm.

 







Cold Storage Facility











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- Prices and availability are subject to change.
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