core district

Ground Floor & Cockloft, No. 108 Fa Yuen Street Kowloon

HK$42,000,000
HK$42,000,000
Ground Floor & Cockloft, No. 108 Fa Yuen Street Kowloon

Summary

  • ID No

    18864
  • Address

    Kowloon
  • Price

    42 million
  • Gross Area

    1000
  • Frontage

    15 feet
  • Shop Depth

    60 feet
  • Others

    Three-phase electricity 100A, with water supply and toilet

About This Listing

Address: Ground Floor & Cockloft, No. 108 Fa Yuen Street Kowloon
Price:HK$42,000,000
Gross Area: Approx. 1000 sq. ft. + 800 sq. ft. Loft*
Frontage*: Approx 15 ft.
Shop depth: abt 60 feet*
Rates: $7,050 (before rates concession)/quarterly
Ground rent: $10,980 / half year
Remarks: Three phase 100A electricity, water supply, drainage, in-store toilet
Rent: 70,000 per month, all inclusive, excluding rates, lease term from October 1, 2020 to September 30, 2022; monthly rent of 88,000 inclusive, lease term from October 1, 2022 to September 30, 2024 day
Rent (Contract): Not less than 101,200 all-inclusive per month, lease period from October 1, 2024 to September 30, 2026
Tenant: dim sum resto
Transaction Method : Asset Sale or Share Transfer

*(The floor area information is not verified)

Buy shop, buy the PRO

Bridgeway Prime Shop Fund Management Limited (“Bridgeway”) is the first SFC-licensed financial institution in Hong Kong that focuses on shop investments. With deep industry knowledge, technical expertise and market insight, we acquire prime shop properties in Hong Kong with an aim to create win-win situation for both tenants and owners. To optimize the long-term value of our shop properties, we leverage our broad tenant network to find suitable tenants for our shops. Our innovative "Three assurances of professional support", the first of its kind being offered in Hong Kong, will enable shop buyers to buy and hold quality shop properties and enjoy rental return hassle free.

Prospect

Rental

Options

Three assurances of professional support

We offer “Three assurances of professional support" to our customers that support for property maintenance, finding the right tenant and keeping a stable rental return. Our customers (i.e., shop buyers) can therefore own shop properties and enjoy rental income hassle-free.

Support for property maintenance

Support for finding the right tenant

Support for keeping a stable rental return

Map Location

九龍旺角花園街108號地下,九龍

More Info

Selling Point

花園街,旺角區的一條富有特色的街道,為購物飲食集中地。 舖位鄰近先達廣場,位處小巴站旁,每日人流不絕。 鄰近前洗衣街水務局重建地盤:洗衣街重建項目包括現址水務署、食環署設施用地和毗鄰停車場,政府初步議案將興建3幢物業,其中一幢樓高至68層商廈,料成為區內地標式摩天大廈,另兩幢為4至6層高商場,總可建樓面涉約151.8萬方呎。預計未來工作人口增加約15,000人, 相信帶旺區內舖位租務市場。

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