Event/office Space for Takeover
Posted by: Gary, 13 Apr, 2022Ad Detail
- AD ID 4597031
- Locality Southern and Central Singapore, Singapore
- Ad Type Offering
- Posted by Individual
COMMERCIAL :
- Approximately 2,400sqft high floor event space which can also be used as office space for takeover
- Located next to Tanjong Pagar MRT Station
- Nicely renovated & well-maintained with fully-equipped event space equipment.
- Minimum labour required to operate this event space business.
- Spent $280K on renovation, furniture and equipment.
- Current lease with landlord is around $12k.
- Space consists of 1 multi-functional hall which can hold a 60-80 pax event, 1 meeting room for 12 pax, 1 VIP/wine room for 6 pax and 1 back office for 3 pax.
- Revenue from event space rental was around $38k before pandemic.
- Letting go this business due to owner has other e-commerce business and need a bigger space.
- Takeover fee: Negotiable
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Singapore
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