For Sale  -  South Bridge Road (D01)

S$ 2,450,000   |  S$ 3798.45 psf   |  645 sqft (59.92 sqm)  

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 4.4% at current guide price.

Don’t miss this IVESTMENT 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 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 40 years.

Operate and invest into this alfresco dining F&B eatery, will you?

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    Property Information

    Development Name:
    South Bridge Road
    Property Type:Shop / Shophouse
    Tenure:Unknown Tenure

    Location

    00, South Bridge Road
    Singapore 059999
    Nearest MRT Station
    • DT18 Telok Ayer MRT Station (0.23 km)
    • DT19 Chinatown (0.3 km)
    • NE4 Chinatown MRT Station (0.35 km)

    Nearest Schools
    • AusEd-UniEd Singapore Pte. Ltd. (0.34 km)
    • Columbia Business School (0.34 km)
    • Inspiration Design School (0.62 km)

    Contact Agent about This Listing

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    Max Leow
    Associate Sales Director | Associate Assistant Team Director
    KF Property Network Pte Ltd
    maxleow.kf@gmail.com
    CEA Licence No.:
    L3008430D / R021227C
    +(65) 9145 3003