33 Room Beachfront Hotel and Restaurant with 2 Bars and a Swimming Pool

No. 47 National Highway, Barrio Barreto Olongapo City Barreto, Olongapo

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₱ 65,000,000
1893 m²
2

Details

Floor Area (m²)
1893
Land Size (m²)
1893
Floors total
2
Available from
01/08/2018

Description

Fully Operational Beachfront Hotel with 33 Rooms and a 24 hour restaurant equipped with a well maintained 100KVA Cummins Back up Power Generator and Surveillance Systems.

1 in-house Night club with big screens and a pool table and 1 Seasonal Floating bar and a swimming pool.

Updated business permits and licenses and real property tax. NO LIABILITIES.

DENR-EMB Compliant establishment - PTO, DP, Hazwaste, ECC, PCO Accreditation

Average yearly occupancy rate of 73% for standard, deluxe, family and beach front rooms.

20 years lease, 15 years remaining.

Audited Financial Statements available upon request.

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Location

No. 47 National Highway, Barrio Barreto Olongapo City

Barreto, Olongapo
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SKU: CO5B6E898D07115PH
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