Singapore  Singapore

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Listing Id: 29098 Last Refreshed: 04/08/2023 Total Views: 2613

★ For Takeover ★ Western F&B Cafe Along Joo Chiat / Katong / East Coast

Marine Parade
Katong / Joo Chiat / East Coast
S$150,000(Neg.) S$78.95 psf
1900 sqft / 177 sqm

Singapore Property
Propnex Realty Ltd

Overview

  • Property Type Shophouse
  • Tenure Type Freehold
  • Build Year N/A
  • Condition Fully Fitted
  • Floor Size 1900 sqft / 177 sqm (S$78.95 psf)
  • Land Size N/A
  • Floor Level Grand
  • Renovation Cost S$320,000
  • Currently Tenanted Yes
  • Listed By Direct Owner

Property Tenancy

  • Monthly Rental Fee S$14,000
  • Lease Expiration 31/05/2028
  • Tenant Business Coffee Shops and Cafes, Food Catering

Amenities

  • 24 Hour Access
  • Air Conditioning
  • AV Equipment
  • Broadband Internet
  • CCTV
  • Handicap Friendly
  • Kitchen
  • Restrooms
  • Water Trap

Description

★★★ Rarely Available ★★★


Restaurant/Cafe unit along Joo Chiat / Katong / East Coast


★ For Takeover ★


Western-style cafe with modern decor, Instagrammable interior decor, and fully functional bar/kitchen.


⦿ 1900sf

⦿ Seats 60 pax comfortably

⦿ 3-phase ready

⦿ Balance tenancy: 5yrs (till 2027)

⦿ $14,000/month (non-nego)


✅ Beautifully-renovated

✅ View-to-appreciate

✅ Move-in condition

✅ Well-maintained


Asking takeover: $150,000 (excluding deposit)

Last rejected offer: $120,000 (excluding deposit)

Option to takeover existing brand name for lower takeover fee.

(well-followed social media accounts, many positive online reviews)


Inventory for takeover (non-exhaustive):


2 x cassette aircon units

3 x wall-mounted aircon units

Kitchen hood (less than 1yr)

Wall-mounted salamander

Open-flame stoves

Deep-fryer

Griddle

Microwave ovens

Rice-cooker

Bain-marie

Hooded dishwasher

5-tier Combi-oven (less than 1yr)

2-tier standing commercial baking oven

S/S table tops and racks

S/S wall cladding


2 x 3.2m long solid wood communal table

Commercial 2-group coffee machine

Puqpress

Mazzer KONY coffee grinder

Commercial silent blender

Commercial cold-press juicer

Custom-made pastry display cabinet

Pastry display chiller

Undercounter ice-machine

Undercounter dishwasher


4-door standing chillers

4-door standing freezers

2-door standing freezer

48-bottle wine chiller

Counter chillers

Chest freezers

POS system

Bose speaker system

16-channel CCTV

Cosy sofa set and coffee table

Furniture

Cutlery/crockery


*photos shown are for reference only and may or may not represent actual unit.


Contact Hui Ting at ★ 8951-2526 ★ to view.

https://wa.link/ltncx0


Let me assist you with finding a space that will suit your business needs.


Other units available on-hand (F&B, retail, and office)


★ For Sale 

Outram Road Shophouse (2 adjacent units)

Craig Road Shophouse (2 adjacent units)

Jln Trengganu Shophouse (3 adjacent units)

Teo Hong Road Shophouse (FH)

Circular Road Shophouse

Bt Merah Coffeeshop

Chinatown Ground Floor Retail/F&B


★ For Rent 

Eng Hoon St (F&B)

Orchard Rd (Ground floor F&B) - 2065sf

Chinatown (Hotel F&B) - 936sf

Club St (F&B and retail) - multiple sizes

Bt Merah coffeeshop (F&B) - 2000sf

The Arcade (F&B) - 200sf

Short St (F&B and retail) - 539sf / 303sf

Clementi Ave 3 (F&B and retail) - 400sf 

Toa Payoh Central (F&B and retail) - 300sf


Neil Road (Level 2 Office) - 1426sf

Tras St (Level 3) - 500sf

Duxton Hill (Level 3)

Duxton Rd (Level 2)

Nth Bdg Rd (Level 2) - 1193sf

SBF Centre (office) - multiple sizes


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