Own a piece of Singapore's Heritage. Full Commercial. No ABSD and SSD!
The prime location, full commercial conservation shophouse with a beautiful façade with strong street presence, and prominent main road frontage is ideal for a variety of F&B businesses. It is located along the bustling Foch Road area and falls within the Secondary Settlement, Jalan Besar Conservation Area.
Don’t miss this opportunity to secure a strategic space in a bustling city-fringe location. Inquire today to seize this fantastic space! Co-broking is welcome! Call Yvonne at 9793XXXX to secure this prime F&B gem now!
- This unique shophouse occupies a land area of 1,495 sqft with a total floor area of approximately 4,480 sqft that is zoned for commercial use and has a plot ratio of 3.0. Subject to approval from URA, the rear of the shophouses can be extended to 6 storeys.
- The 1st storey is approved to be used as a restaurant. The 2nd storey can be used as office or shop, and the 3rd storey is currently approved to be used as Residential.
- Its prime position within the high foot traffic, ample parking lots, near Train Stations, and a culturally significant precinct make it an exceptional opportunity for investors, operators, and boutique developers!
- In addition to the bustling and vibrant surroundings, more than 3,000 public and private homes are set to be completed around the Jalan Besar area over the next 3 years. This is likely to boost overall demand for retail spaces, F&B outlets, and amenities.
- Beyond providing immediate rental income and a decent rental yield, this investment has potential for long-term capital appreciation.
Property Details:
- TOP: from late 19th and early 20th centuries
- Secondary Settlements: Jalan Besar Conservation Area
- Type: Intermediate Shophouse
- Land: 1,495 sqft
- Gross floor area: Appro 4,480 sqft
- Storey: 3
- Zone: full commercial with F&B approved for ground level
- Gross plot ratio: 3
- Allowable building height up to 6 storeys
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