12M 2-Storey Building in Downtown Area, Cebu City

Selling Price: Php 12 Million
Location: Downtown Area, Cebu City, Cebu
Lot Area: 253 sqm
Floor Area: 350 sqm
Carport: 1
- Classification: For Sale
- Property Type: 2-Storey Commercial Building, Income Generating Property
- The property is along the main road
- Frontage: 10 meters
- Ground Floor: Currently used as a fitness workout gym with a monthly membership fee of Php 300/person. There are 10 rooms for rent in the ground floor: 3 of the rooms are rented out for Php 1,300, 1 for Php 2,500 and 6 of which for Php 1,500
- 2nd floor: 3 large spaces which is currently being used as a stock room for fitness gym equipment
- The selling price is inclusive of the fitness gym business and all its equipment
- With 2 air conditioners
- Income: Php 55,000 all in all and can easily be improved to more than Php 80,000 if more rooms and improvements are done
- Ideal For: Business
- Utilities such as electricity, water and telephone line are available
- It is accessible by car, taxi and public utility vehicles
- Clean title with tax declaration and vicinity map
- Mode of Payment: Cash, Bank Financing
NOTE: Capital Gains Tax, Documentary Stamp Tax and Transfer Fees shall be for the account of the Seller

BUYER'S and RENTER'S TIP:
"Deal only with Licensed Real Estate Service Practitioner."
For inquiries, site visit, reservation and other related concerns please contact,
Mobile Nos.
Sun : +639228437459
Smart : +639474721970
Globe : +639154213992
Email Add: bestrealestatecebu@gmail.com

ENGR. ERWIN L. UY
Division Manager | Rent Specialist
Leuterio Realty & Brokerage | Filipino Homes International
under PRC License no. 709
Facebook Acct: http://www.facebook.com/erwin.uy.bestrealestatecebu
Skype: bestrealestatecebu

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