Stanley Street (D1), Shop House - For Sale

D01 Telok Ayer | Stanley Street | Telok Ayer MRT

Large 3.5-storey shophouse with basement in the Telok Ayer conservation area, CBD.

WHY THIS PROPERTY
- Built-up approx. 7,509 sq ft on land approx. 1,693 sq ft: a large floor area for a CBD shophouse.
- Basement plus 3.5 storeys. Uses subject to URA approval.
- Approx. 2 min walk to Telok Ayer MRT. Raffles Place and Chinatown MRT also nearby.
- Prime work and lifestyle street, surrounded by offices, F&B and hotels.

PROPERTY
- Tenure: 99 years from 1990 (approx. 63 years remaining)
- Asking S$25,000,000, negotiable (approx. S$14,767 psf on land, approx. S$3,329 psf on built-up)
- Photos show the existing fit-out, for reference. Inclusions on enquiry.

TENANCY
- Tenanted, details on request.
- Contact us for viewing arrangements.

SUITABLE FOR
- Long-term investment with an existing tenancy. Future own use subject to the existing tenancy and URA approval.

Use: currently F&B on the ground floor, office on the upper floors. All other uses are subject to change of use approval from URA.

All sizes stated are estimates only and are subject to a final survey by the buyer, at the buyer's own discretion and cost.

Co-broke welcome.

All uses are subject to approval from the relevant authorities (e.g. URA). The buyer or incoming occupier makes its own submissions to the authorities for its use.

Interested parties, please send: your name, own use (your trade) or investment, financing in place (yes / no), preferred completion date, and when you would like to view.

Contact Pearlyn 9061 XXXX (ERA, 26 years' experience in real estate sales and commercial properties)

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