Jalan Besar freehold coffeeshop being sold for S$28 million, offer open to foreigners and companies - The Independent Singapore News

The agency noted that the proper has rare Food and Beverage approvals on both levels. The current owner has acquired approval from the MCST to place signage boards on the building’s façade, prominently along Jalan Besar Road.

“Freehold coffee shop units have long been viewed as generational assets and are usually tightly held. The coffee shop asset class has demonstrated its strength and resilience during the pandemic,”“With the broad easing of COVID-19 restrictions, diners have returned in droves and the positive sentiment has buoyed for F&B stall operators and investors alike.”

“With the recent transactions of HDB leasehold coffeeshops at record prices, this asset provides a rare opportunity to acquire a freehold coffee shop enjoying prominent frontage and visibility within the fast-evolving location of Jalan Besar,” added Ms Lim.

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Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

400 lower-income families in Jalan Besar GRC benefit from pop-up mega marketSINGAPORE - It was just like his usual grocery-shopping trip as Mr Jimson Lim picked up household essentials such as packets of biscuitsand coffee, except that he did not need to pay a single cent for the items. Read more at straitstimes.com.
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