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FWC Limited

FWC Ltd is a Warehousing Complex centrally located on 9 Acres of flat land in the Freeport area, just 2 minutes off the highway. This is an ideal location for any distribution business or warehouse facility. There will be 19 units @ 10,000 sq. ft, dimensions are 100’x100’. Selling price for these units are $3.8 Million.

FWC Ltd is a Management Company set up to run the Warehousing Complex when its completed. It is presently owned by C.I.L. Property Development Co. Ltd a wholly owned subsidiary of C.I.L. (Caribbean Industries Ltd.) a 39 year old company with interests in Manufacturing, Export, Retail, Wholesale & Services.

Frequently Asked Questions:

What is included in the price?
This entitles you to a deed for your warehouse of 10,000 sq. ft. on 10,000 sq. ft land. This also covers 1 share in the ownership of FWC Ltd, there are 19 shares, so you will own 1/19th of all common areas 190,000 sq. ft land, driveways, standby generator, common office areas and much more.

What are the advantages of a warehouse complex of this type?
Everything can be done more cost efficient with volume. One example Security guards. A single guard 24 hrs/day at a stand alone warehouse is approx. $18,000.00 per month. FWC Ltd will have 3 Guards for the complex,, the cost per unit will be approximately $3,000.00 per month. A monthly savings of $15,000.00 per month per unit. This can be expanded to garbage collection, Insurance premiums, and a host of other items.

How will electricity be handled for the complex?
FWC Ltd will have its own Kiosk & Transformers along with a meter for each unit and one for the common areas. Each unit will be provided with a 200 amp 3 phase 220V supply panel, along with minimal lighting (4 Hi Bay Lights) and plugs to pass electrical inspection. Whatever additional electrical work that you may require can be done as an optional extras.

What about approvals?
All approvals for a project of this type will be done by the developers C.I.L. Development Co Ltd. Including Town & Country, WASA, Fire Etc.

What about parking of containers, loading & off loading of trucks etc.?
A loading area of 20’x50’ is provided within your warehouse. This can be locked with one 40’ container inside & additional secure covered area for trucks vans etc.

What about parking of extra containers & cars?
You are allocated an area of 80’x20’ immediately in front of your unit for parking. Additionally there is a common area for parking provided for 60 cars and 30 - 40’ containers.

What about Security?
It is proposed that there will be 3 guards, 24 hrs/day on the compound in 2 guard booths . There will be 48 CCTV cameras 1 in each unit, the balance covering the compound with a 30 day recording capability. The entire compound will be walled with electric gates. This will mean a secure compound. Each unit will be fitted with basic alarm equipment in the unlikely event of a break-in.

What happens in a power failure?
The entire common area lighting, equipment, offices, Guard booths, ETC. will be fitted with a standby generator automatic transfer panel to ensure the complex can function. Each unit has the option of having its own standby generator installed. What about Toilets, Offices, Mezzanine Floors? FWC Ltd is providing 3 toilets each with its own washbasin per unit. Any other offices or special works etc. can be done to your specifications as options.

What about flooding?
Each unit will be built 4’ above ground, so flooding in a unit is unlikely. Each unit will have its own roof guttering system, to avoid any problems of flooding. An underground drainage system has been designed to take all rainwater off the compound. This area presently does not flood.

What about Heat & Ventilation in the warehouse?
Any unit that will require a cool environment will have a choice of 2 optional extras. Radiant barrier insulation on the roofing and the installation of 1 or 2 36” exhaust fans will ensure a cool warehouse.

What is the water supply like?
Each unit is being supplied with its own separate 1000 gal water tank & pump. This will be adequate for normal water consumption of toilets etc. Additional tanks can be installed as an option for each unit. This area has a good water supply so we do not anticipate any shortages.

What happens if a fire starts in the unit next to mine?
FWC is very concerned about fires and have the following plan in place. Each unit will be completely sealed off from the unit next door with thru the roof walls so a fire is unlikely to spread from unit to unit. Each unit will also be equipped with its own smoke detectors, heat detectors, Fire Alarm Call Point, 2 Bells all wire wired to the main guard booth, so all fires can be caught early. Finally, a fire protection system consisting of 39 hose reels 25,000 gallons of water and a High Volume water pump is included in your cost.

Price Escalation - can the price of my unit increase?
C.I.L. Property Development Co. assures buyers that once your deposit is received before November 30th 2006, we will complete the project at the agreed price. C.I.L. Property Development Co. however, reserves the right to increase prices of unsold units after this date, as construction costs are expected to increase. Should any unforeseen situation e.g. devaluation etc. prices may also increase.

How are the payments structured?
A 10 % deposit is required to book a unit. 15% is required on completion of the foundations. 10% is required when the roof goes on. 15% is required when the walls go up. The balance of 50% is due when your unit is complete.

We thank you for you interest in FWC Ltd and hope to welcome you as an owner soon.

Yours Truly

Andrew Cheekes
Managing Director
C.I.L. Property Development Co.

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