F&B Takeover at Bendemeer MRT
OtherD12 Balestier / Toa Payoh11 Kallang Bahru, Bendemeer Mrt Station (Dt23), Singapore 339356
Takeover fee
S$50,000
Monthly rent
S$4,400
Lease remaining
15 months
About this space
Asian/Thai bistro for takeover. Takeover fee: $50k Rental: Around $4,400/month excluding GST Lease left: About 1 year 4 months + 3-year renewal option Move-in ready. No renovation needed. Can take over immediately.
About this listing
A other at 11 Kallang Bahru, Bendemeer Mrt Station (Dt23) in D12 Balestier / Toa Payoh is available for lease assignment. The takeover fee is S$50,000. The rent is S$4,400 a month, on a lease that runs to February 2028. That leaves 15 months for the new tenant. 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?
- The current lease runs to February 2028, about 15 months from the move-in date. There is an option to renew.
- What is the takeover fee?
- S$50,000, which includes the fit-out and furniture that stay.