VALUATION: PROPERTY OF CHOSAAN ENTERPRISES AT THE BIJILO TOURISM
DEVELOPMENT AREA, KOMBO NORTH DISTRICT, WEST COAST REGION,
THE GAMBIA; SUB-LEASE SERIAL REGISTRATION NUMBER K406/2009 –
FOR LAMIN SILLAH T/A CHOSAAN ENTERPRISES.
Monday, March 19, 2012
Saturday, March 3, 2012
BUILDING(S)/IMPROVEMENTS
BUILDING(S)/IMPROVEMENTS
Two-Storey Reception & Administration Block
This building has a total floor area of 72 m2 or thereabout and comprises of a veranda, an office, a store and a reception area on the ground floor; and a balcony with offices on the top floor.
It is constructed with concrete frame, cement/sand block wall cladding, rendered and painted. The roof is made of non-metallic ‘onduline’ roofing sheets on steel and timber members with gypsum ceiling.
The doors are timber panel; the windows are glazed aluminium sliding and the floor is concrete finished with porcelain floor tiles.
FURNITURE &EQUIPMENT
10.1 Excluded.
11.0 VALUATION
11.1 BUILDINGS
a) Two-Storey Reception Block – Floor area 72 m2
b) Two-Storey Night Club Building – Floor area 400 m2
c) Two-Storey Training Block – Floor area 580 m2
d) Sit-outs (11 Nr) – Floor area 8 m2 each
e) Bar – Floor area 11m2
f) Stage – Floor area 28 m2
g) Generator House – Floor area 24 m2
h) Toilet Block – Floor area 19 m2
TOTAL VALUE = D9, 765,000.00
Two-Storey Reception & Administration Block
This building has a total floor area of 72 m2 or thereabout and comprises of a veranda, an office, a store and a reception area on the ground floor; and a balcony with offices on the top floor.
It is constructed with concrete frame, cement/sand block wall cladding, rendered and painted. The roof is made of non-metallic ‘onduline’ roofing sheets on steel and timber members with gypsum ceiling.
The doors are timber panel; the windows are glazed aluminium sliding and the floor is concrete finished with porcelain floor tiles.
FURNITURE &EQUIPMENT
10.1 Excluded.
11.0 VALUATION
11.1 BUILDINGS
a) Two-Storey Reception Block – Floor area 72 m2
b) Two-Storey Night Club Building – Floor area 400 m2
c) Two-Storey Training Block – Floor area 580 m2
d) Sit-outs (11 Nr) – Floor area 8 m2 each
e) Bar – Floor area 11m2
f) Stage – Floor area 28 m2
g) Generator House – Floor area 24 m2
h) Toilet Block – Floor area 19 m2
TOTAL VALUE = D9, 765,000.00
NTRODUCTION
INTRODUCTION
On January 13th 2012, Sphinx Associates received instruction from Mr Lamin Sillah to carry out a
Valuation of the above-mentioned property.
In accordance with the instruction, Sphinx Associates have prepared the following report to establish
the Current Estimated Open Market Value of the property.
Messrs Buba Jammeh and Ali Jobe of Sphinx Associates, accompanied by Mr Lamin Sillah, inspected
and surveyed the property on January 16th 2012.
On January 13th 2012, Sphinx Associates received instruction from Mr Lamin Sillah to carry out a
Valuation of the above-mentioned property.
In accordance with the instruction, Sphinx Associates have prepared the following report to establish
the Current Estimated Open Market Value of the property.
Messrs Buba Jammeh and Ali Jobe of Sphinx Associates, accompanied by Mr Lamin Sillah, inspected
and surveyed the property on January 16th 2012.
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