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Cebu Beach Hotel For Lease Or For Sale

San Remigio, Cebu
Freehold Price:
$1M - $5M (USD) Furniture / Fixtures included
Lease Asking Price:
$70,000 (USD) Furniture / Fixtures included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$100K - $250K (USD)

San Remigio, Province of Cebu, BEACH HOTEL on 2.5 hectare beach property with 20 Hotel Suites and 5 Beach Bungalows

THE LEASE IS COMPRISED OF:

25,000 sqm land area, 100 meter white sand beach, Beach Resort with 25 accommodation units, restaurant, bar, kitchen, office, pool, etc

This Tourist Zoned property is a scenic 112 km drive from Mactan International Airport situated in San Remigio, Cebu, Philippines. With car it is a pleasant journey that takes 2 hours and 15 minutes.

REVENUE: The revenue is from room guests, F&B, sports & boating

Terms & Condition for 2-Year Lease: USD 70,000 for firts year paid in advance, USD 75,000 for second year paid 2 weeks prior second year start

Contract Deposit: USD 50,000, will be returned after Tenant vacated the premises and all bills settled

MANAGEMENT & STAFF: staff willing to remain, more staff will be required. Management/Owner will assist for 3 month.

For more pictures and information please complete the contact seller form below.

Property information

Real Estate:

Available as lease or with real property included

Lease Terms:

USD 70,000/year, USD 50,000 deposit, 8% escalation

Leasehold Rent:

$70,000 (USD) per annum

Living Accommodation:

Hotel has 2 Penthouses at the third floor that is suitable for live-in accommodation for owner or managers.

Location:

From Cebu city or Mactan Int'l Airport it's a 2 hour and 15 minutes nice scenic drive along the East coast of Cebu. In Bogo turn left, 10 km to San Remigio, left again for 3 km, right at the sign and 1 km on smaller road to Golf Club gate, 2 km through the golf course to the Beach Hotel.

Premises Details:

The property is situated on the shoreline with a beach

Size in square feet:
300,000
Planning Consent:

Environmental Compliance Certificate, general building permissions, occupancy permits and all other permits are in place

Business Operation

Expansion Potential:

Several parcels of land beside the property are for sale by the Owner for future expansions.

Competition / Market:

In the area there are a few resorts and 2 golf clubs.

Reasons for selling:

moving to other country

Trading hours:

24/7 operation

Employees:
12
Years established:
18

Other Information

Support & training:

6-24 month support, Cebu sales office, handover of clients

Furniture / Fixtures value:
$300,000 (USD) - included in the asking price
Website:
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Related Documents:
Lease asking price:
$70,000 (USD) - Furniture / Fixtures included
Home based:
This business can be run from home.

Contact Seller

Contact Information

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