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School Assets for Lease in Abuyog, Philippines

Operational school with land and 2 two-storey buildings is immediately available for rent or lease.

Ownership Duration 20-30 year(s)
Industries Schools
Locations  Abuyog
Local Time 3:28 AM Asia / Manila
Listed By Business Owner / Director
Status Moderately Active
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Yearly Lease Amount
Asking Price: USD 18 thousand (Native Currency: PHP 1,000,000)
Reason: We want to rent out the school business with property that is immediately available.
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Assets Description
Land with 2 school buildings readily available for rent:
- 906 sqm lot, with 2 school buildings one is partially constructed, and one two-storey building floor area is 250sqm. Built 10 years ago with 10 rooms used as offices and laboratories,
- The 2nd building of 300 sqm was constructed just 5 years ago, used for senior high school classrooms.
- Owned by the promoter and the market value of the property is ~ PHP 15k/m2.
- The school is still operational with 158 students currently enrolled and the lessee can continue operations under the same brand.
- School is registered under the Securities and Exchange Commission (SEC) and has a license for senior high school from the Department of Education.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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