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Listing Id: 29098 Last Refreshed: 04/08/2023 Total Views: 3000

★ 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
  • Tenanted Yes
  • Listed By Direct Owner

Property Tenancy

  • 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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