Shop for sale: 3-Storey Corner Shop Setapak, Plaza

Posted by: CASEY YAP, 10 Aug, 2021

RM 5,500,000

Ad Detail

AD ID 4813064
Locality Kuala Lumpur, Kuala Lumpur
Ad Type Offering
Posted by Individual

3 Storey Corner Shop For Sale At Setapak, Plaza Usahawan Crystalville.
Setapak, Plaza Usahawan Crystalville with lift, Strata Title (Leasehold). The sale price is 5.5 million. Area for Gf is 3,326 sf (1,647+1,679), 1f 2,217 sf & 2f 2,217 sf. Tenancy ends on 30/09/2023, monthly rental at RM15,000 with a further term of 3 years at 15% increase or market rate, whichever is lower. 1f tenancy ends on 31/12/2021 with a further term of 2 years at prevailing market rate. 2f ideal for hotel (Lobby with 10 rooms), now available for rental at RM3,450. Moreover, the only lift is at this shop and basement car parking is available. Roi 4.9%.

Setapak: Tenancy with existing Ground and 1st rental, 2nd floor (currently vacant, confirmed rental by seller for first 2 years from the booking date). After the completion of sale, in the event of seller secure a new tenant at a certain rental, the shortfall of rental, if any, will be compensated by seller upfront.

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