Mongkok, Yim Po Fong Street 16
About This Listing
Price：HK$32,000,000
Address: Mongkok, Yim Po Fong Street 16
Gross Area*: Approx 910 sq.ft.
Frontage: approx 16ft 4in*
Shop depth: approx 35ft 3in*
Height: approx 15ft 6in*
Remarks: Three-phase electricity 100A, with water supply and toilets
Rates: $9,450/quarterly & $6,120/half-year (before deduction of rates)
Tenant: THE MADHOUSE
Rent: $80,000 per month, all inclusive, from 1 April 2022 to 31 March 2025
Rent (Contract): The monthly rent is not less than $88,000 and not more than $92,000 all-inclusive, and the lease term is from April 1, 2025 to March 31, 2027
Management Fee: $325
Transaction Method : Asset Sale or Share Transfer
*(subjected to confirmation)
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The location is superior, close to Mong Kok and Mong Kok East MTR stations. The famous food street in the area attracts a large number of young people and tourists to "look for food" in the street, and the flow of people is very busy. Tenant is of special craft beer chains and brings stable rent revenue. Adjacent to government land development plan in Sai Yee Street and Mong Kok East Station, a higher flow of people is expected. It has great potential for redevelopment as the five-storey building's plot ratio has not been utilised .
該舖位亦鄰近多個重建項目；例如，毗鄰的洗衣街水務署及食環署辦事處前用地；將重建改劃為估值200億的商業用地，擬以地積比12倍發展；將興建3幢商用大樓，包括兩幢商場；以及1幢68層高的地標式商廈；項目落成後，將會是繼朗豪坊後；旺角區內最大型的商業項目。
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