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$4,567,888

Retail for Sale in 935 Yishun Central 1

F&B for Sale Sembawang / Yishun (D27)

Floor area icon

1,001 sqft

Bed icon

S$4,563.32 psf

COMMERCIAL
99 AGENT

Property details

Property segment
Commercial
Main cat
Retail
Sub cat
F&B
District
D27
Is tenanted
Yes
Lease expiry
27 Jun 2020
Last updated
23 mins ago
NS13

10 min (498 m) from Yishun MRT

Amenities

Bath Room

Bath room

Grease Trap

Grease trap

Car Park

Car park

Raised Floor

Raised floor

24 hr Access

24 hr access

Water Trap

Water trap

Loading Bay

Loading bay

Kitchen

Kitchen

Description

Approved / existing F&B restaurant with in-ground grease trap and exhaust Tenanted $12,500 till Aug2020 Indicative Valuation S$3.3-3.5M TOP 1/9/91 balance 71yrs... Longer lease than CHONG Pang which has a balance of 56-57yrs Yishun enjoys the opportunities of two new exciting regional centers, Woodlands Regional Centre and Seletar Regional Centre. Both are located within the North Coast Innovation Corridor, which has been slated to become an innovative, economic corridor buzzing with ideas, creative design and new technologies. Woodlands has been set to become a premier waterfront destination while Seletar Regional Centre has the potential to grow to two times that of Tampines Regional Centre. Located next to it is the impressive Seletar Aerospace Park, the region’s aviation hub with its wealth of endless opportunities in training, research and development. Stretching further is the Punggol Creative Cluster, a hotbed of ideas and new technologies. The rejuvenation of the Yishun town centre can be easily summed with one integrated development – Northpoint City. Comprising an integrated transport hub that incorporates an air-conditioned bus interchange, a direct shopping underpass to Yishun MRT station, a retail city with 500 shops and the first community club based in a retail mall, a town plaza, a town garden and a residential development, integration is at best a lackluster word, as we can basically enjoy every modern convenience one can think of, all under one roof. It will also be faster and easier travelling downtown or to other regions of Singapore with the new Springleaf MRT station along the upcoming Thomson East Coast Line and the building of new roads, from future Yishun Avenue 8 to improved Yishun Avenue 1, which connects to Seletar West Link as an alternative route to CTE, TPE and SLE. At the same time, the junction of Lentor Avenue and Yishun Avenue 1 will be improved to enable smoother traffic flow. A "Happening" Heartland Oasis @the Heart of Yishun Central; Single storey shophouse for SALE in an area you won't want to miss! Rarely are units available for sale at this highly sought-after location. Good rental yield despite near market. Currently tenanted at $12,500 - good rental yield of about 3.9% Prominent frontage facing road Near to mall, MRT, interchange, Polyclinic KTPHospital, NorthPark residence, coffeeshops, supermarkets and various other retail/service/ trade shops & amenities Ground floor trading area: approx 999. No need to pay for a 3rm flat of 750sqft approx worth only $300K SO WHY AT Yishun Central? WHY NOW? - follow the big boys: Share Article: https://www.businesstimes.com.sg/companies-markets/kimly-unit-acquires-25-stake-in-yishun-coffee-shop-property-for-s606m?xtor=CS3-25. If this is worth $24.24M then 935 Yishun should be worth at least $6M! - Free flow of traffic from Yishun Interchange, Chong Pang City, religious institutions, vibrant coffeeshops - Why rent when you can use your hard-earned revenue to pay down your mortgage & you can enjoy the best of both worlds at a fraction of the price? - Run your business without fear of eviction and rental increases - Move-in condition, save your business costs. Save / invest your renovation costs to increase own value when you can invest this capital in an ASSET! - Spillover traffic from neighbouring eateries and shops throughout most of the work week. - Ample HDB parking to attract your patrons and potential walk-in customers -The ground floor normally enjoys the HIGHEST TRAFFIC especially from bonus spillover traffic from suburban amenities. Plus pending approval for F&B usage BUY IT BEFORE IT’S GONE! Many big anchor brands located here Surrounded by plenty of HDB flats for immediate catchment of human crowd HOT! Seize Your Buyers' Market NOW! Lock in at Your price before the Prices Shoot up again! NO ABSD TO WORRY ABOUT! Easy access via CTE, SLE, TPE; near the NEW SELETAR AEROSPACE FLYOVER, a dual three-lane interchange directly connecting the Seletar Aerospace Park to TPE, CTE, SLE. Close proximity to the FUTURE NEW UNDERGROUND LINKWAY (NORTHPOINT LINK)

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premium agent
ONLINE
Patrick Wee

HUTTONS ASIA PTE. LTD.

CEA: L3008899K | R030753C

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