ASSETS VALUATION OF BOLA OIL MILL FACTORY

PROJECT DETAILS

Valuation report of assets of Bola oil mill factory located along old Ore/Ondo road, off new Ore road, Ore Odigbo local government area, Ondo state for First Bank of Nigeria limited.

DESCRIPTION OF THE PROPERTY/ASSETS:

  • LAND AND BUILDING:

Administrative Block, New Administrative Block, Weighbridge    Office/Laboratory, Kernel Crushing Block, Boiler Black, Soya Milk Block, Refinery, Chairman’s Quarters, Chapel, Mosque, Store, Cafetaria, Maintenance Block, Rooms And Toilets Block, Block Industry Office, Piggery Pen1, Piggery Pen 2, Piggery Pen 3, Piggery Pen 4, Gate House

 

  • EQUIPMENT, PLANTS/MACHINERY, FURNITURE AND FITTINGS AND MOTOR VEHICLES:

Soya Mill Plants, 2 No 500kva Transformers, 1 No 500kva (Marapco) Perkin Generators, 1 No 800kva And 500kva Diesel Engine Generators, Office Furniture And Fittings Etc.

   SITE DECRIPTION: AREA APPROXIMATELY 16,340 SQUARE METERS

VALUATION DETAILS

ASSET TYPE: INDUSTRIAL PROPERTY
VALUATION DATE: SEPTEMBER, 2019
VALUATION PURPOSE: MORTGAGE
OPINION OF VALUE: NGN 1,217,790,000.00
VALUATION FIRM: TUNDE ADEJUMO & CO