A F&B EATERY SHOP, just extended its 5-year tenancy for a further two years is FOR IMMEDIATE SALE! This 24-hour alfresco dining outlet enjoys a gross rental $9,000-00, yielding 4.7% at current guide price.
Don’t miss this INVESTMENT BUY at FOOK HAI BUILDING! It’s a leasehold two-level ground-and-mezzanine shop unit of 645 sq ft with proven latest run of five-year food-and-beverage track record that operates on 3 shifts.
The shop has two shop fronts facing an alfresco dining setting on the building’s own footway that challenges imaginative make-shift table setting, number and turnover rate. Internally, the two levels are inter-connected with a staircase with a door access to outside at mezzanine floor.
The eatery is strategically located on the ground next-door to 6-star Parkroyal hotel traffic and high foot traffic from city office workers and visitors, traditional hawker food connoisseurs at Hong Lim Park Complex, China Town Point further connected by overhead bridges to People’s Park Centre and Complex.
URA parking and private car parkings are aplenty and China Town MRT is nearby.
FOOK HAI BUILDING with a plot ratio of 8.7 in Master Plan 2014 is a commercial strata-titled development of 20 storeys, basement to 3rd floors for retail shops and 4th to 20th floors for offices. Its strata title dated back to year 1978 with balance lease remaining about 53 years.
Operate and invest into this alfresco dining F&B eatery, will you?