VALUATION OF INSTITUTIONAL PROPERTY (SCHOOL COMPLEX)

VALUATION DETAILS

Valuation Report On Institutional Property (School Complex), Plants, Machinery, Furniture/Fittings And Motor Vehicles Of Temple Preparatory School Limited Located In Various Locations In Nigeria For The Benefits Of Temple Preparatory School Limited.

DESCRIPTION OF THE PROPERTY/ASSETS:

      1. Classification Of Items Of Valuation:
      • Land And Building:

Classrooms Building, Hostel Building, Kitchen Building, Store

Building, Gate House, Sport Complex, Water Storage Tank Stand.

 

(B) Plants, Equipment, Furniture/Fittings And Motor Vehicles:

Generators, Office Furniture And Fittings, School Buses Etc.

 

Property 2

      1. Property Located At No 1 Adekunle Odunlami Crescent (Along Adewale Odunlami Crescent) Off Ikorodu Road Ilupeju, Mushin Local Government Area,

Lagos State.

 

      • Classification Of Items Of Valuation:
      • Land And Building:

Main Buiding (Office Building), Boys Quarters, Out Building (Toilet), Generator House, Gate House

 

      • Plants, Equipment, Furniture/Fittings And Motor Vehicles:

Generators, Office Furniture And Fittings, School Buses Etc.

 

Property 3

      1. Property Located At No 8 Adekunle Odunlami Crecesnt/Olusoji Idowu Street (Along Adewale Odunlami Crescent/Olusoji Idowu Street) Off Ikorodu Road Ilupeji, Mushin Local Government Area, Lagos State.

 

      1. Classification Of Items Of Valuation:
      • Land And Building:
      • 2 Wings Of 4 Bedroom Semi Detached Duplex (Boy’s Quarters, Water Factory Building)
      • 2 Wings Of 4 Bedroom Semi Detached Duplex

 

      • Plants Equipment, Furniture/Fittings And Motor Vehicles:

Generators, Office Furniture And Fittings, School Buses Etc.

 

Property 4

      1. Property Located At No 1 Temple Drive Off Olusoji Idowu Street Ilupeji, Lagos State.

 

      1. Classification Of Items Of Valuation:
      • Land Building:

Main Building (Classsroom Building), Mini Mart, Gate House

 

      • Plants Equipment, Furniture/Fittings And Motor Vehicles:

Generators, Office Furniture And Fittings, School Buses Etc.

 

 

Property 5

      1. Assets Located At No 213, Ikorodu Road Ilupeju, Lagos State.

 

      1. Items (Assets) Of Valuation:

Plants, Machinery, Furniture/Fittings And Motor Vehicles (Generators, Office Furniture/Fittings Etc

Property 6

      1. Assets Located At No 8, Oyediran Close Off Regina Omolara Street, Agbaoku Estate Opebi, Lagos State.

 

      1. Items (Assets) Of Valuation:

Plants, Machinery, Furniture/Fittings And Motor Vehicles (Generators, Office Furniture/Fittings Etc)

red.

VALUATION DETAILS

ASSET TYPE: INSTITUTIONAL PROPERTY (SCHOOL COMPLEX)
VALUATION DATE: OCTOBER, 2019
VALUATION PURPOSE: MORTGAGE PURPOSE
OPINION OF VALUE: NGN 4,860,107,000. OO
VALUATION FIRM: TUNDE ADEJUMO & CO