Wednesday, October 16, 2024

BUL-GUI-0014


Property Type: Commercial Lot
Lease/Sale: For Lease
Lot Area: 401 sqm
Monthly Rental: P1,000/sqm (VAT excluded)
Payment terms: 12 months advance + 12 months deposit + PDCs
Lease Term: Minimum 10 years
Additional Info:
- This property is situated along a very prime location. It is located on a very commercialized area and has a great street frontage.
- The frontage is 15.75 meters.
- The owners prefer for one tenant to lease the whole 401 sqm lot.
- Currently there are structures on the land (commercial units in front and a house at the back) but the owners are open in demolishing. Expenses for the demolition is negotiable upon further discussions.
- The house at the back is a 2 Br/2Ba property.
- There are 3 tenants on the front units. Contracts for each unit will end on December 2024, 2025, and 2026. If ever there is a willing tenant to lease and use the property already, the owners are willing to compensate its tenants for their removal.
- Currently, the classification of the property is "Subdivision Lot". Conversion to "Commercial" will be done by the owner.
- The owner prefers to process the reclassification and demolishing the structures when there is deposit from the possible tenant of the whole property.
- There are 3 available electricity lines on the property (1 resident
- Terms and rent are negotiable.
This property can be used best for parking, restaurants, showrooms, carwash, auto services, small office-commercial building development, fast-food chains, and the likes.






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