Retail Shop – Adelphi
Night Club (SALES) - Commercial
Property
Information
Development: The Adelphi (Close at 10pm)
Developer: Capital Land
District: 06
Address: 1 Coleman St, Singapore 179803.
Mgmt Office: 63399179
Unit Number: #B1-32 (Don’t reflect in Portal)
Tenure: 999 years from 12/05/1828
Completed / TOP: Unknown
Type: Retail Shop (Approved for
Night Club up to 4am by URA)
Land Size / Site Area: NA
Strata Size / GFA: 4,091sf
Plot Ratio: 7.0 (Full Commercial Building)
Unit Location: Corner unit (Near
Escalator)
Number of Bed rooms: NA
Number of Toilets: 1 Male, 1 Female (plus
common toilet in the building)
Directional Facing:
-
Door
Facing:
-
Window
Facing:
View Facing: No View because located at Basement 1
Level: Low Floor (#B1)
Ceiling Height:
Viber Ready:
Occupancy: Vacant / Tenanted / Owner Occupied
Condition: Fully Fitted for Night Club
Aircon Hour: No Limit (Individual, not Building)
Frontage: Good Frontage
Location Amenities: MRT (City Hall 0.28km) 5min
Walk. Eateries, Shopping Belt
Maintenance Charges: $
Unit Parking Entitlement: Season Parking (382 parking lots, 4
basement levels of parking space)
Season Parking: $ (Car part close from
1am to 6am)
Parking Entitlement: First come First serve
Total Number of Units: Unknown
Facilities: NA
Electrical Loading: 3 Phase, 230/240V
Floor Loading:
Other Description: Stage, 24 KTV Rooms?
Seller need Extension: No
Need Contra: No
Transaction
/ Pricing Information
Asking Price: $13.5M
Closing Price:
GST: No
X-Value: Not Available
Transacted Price Range: $1,858psf (#03) to
$4,761psf (#01)
Number of Listings: 33 listings (based on
Freehold)
Listing Price Range: $2,876psf to $4,000psf
Frequency of Transaction: 5 sales per year
Tenancy
Information (If Tenanted)
Monthly Rental: $36,000 (432,000/year)
(Fully Fitted as Night Club with KTV and Liquor license)
Tenancy Period: 3 years (Sep 2015 to Sep
2018)
Tenancy Expiry: Sep 2018
Tenant Company Name:
Tenant Trade: Night Club, KTV
Length of Occupancy till now: 2 and half year
Length of Occupancy till now: 2 and half year
Rental Yield: 3.2% (based on 7.2M)
Owner Name: Rajesh
Private Info: Bought 9.7M
(2371psf) on 30 Sep 2015