3 Stalls For Takeover, Heavy lunch & Dinner Crowd in AMK Industrial
Coffeeshop or food courtAng Mo Kio
Takeover fee
S$10,000
Monthly rent
S$3,500
About this space
Normal stall from S3,500/month. Larger stir-fry (Zi Char) store S5,000/month. Takeover fee to be advised and negotiable. Available for: Zi Char / Bak Kut Teh / Wanton Mee / Western Food / Bak Chor Mee, etc. Suitable for experienced hawkers / serious entrepreneurs. Serious enquiries only
About this listing
A coffeeshop or food court in Ang Mo Kio is available for lease assignment. The takeover fee is S$10,000. The rent is S$3,500 a month. Taking over a lease assignment means taking on the remaining lease and whatever fit-out is left, without buying the business that traded there. Landlord consent is normally required.
Questions about this assignment
- Does the landlord need to consent to this assignment?
- Almost always, yes. Ask the seller whether the landlord has agreed.
- What happens at the end of the lease?
- Ask the seller when the current lease ends. Ask whether the landlord will renew.
- What is the takeover fee?
- S$10,000, which includes the fit-out and furniture that stay.
