Commercial conservation shophouse on Craig Road up for sale at $12 mil

It is zoned for industrial usage, with the first floor accepted for F&B use and also the top flooring approved for workplace usage. The shophouse is currently totally tenanted to a Japanese coffee shop teahouse on the ground floor as well as an MNC on the upper flooring, according to Yap Hui Yee, elderly director of investment sales and also funding markets at Savills.

With a land area of 1,581 sq ft as well as an approximated floor location of 3,483 sq ft, the recently refurbished shophouse has a mezzanine degree and an open balcony neglecting lavish plant.

A two-storey commercial shophouse with attic room, situated at the junction of Neil Roadway and Craig Roadway, is up for sale via expression of interest (EOI) at a guide cost of $12 million, or $3,445 psf. Savills has actually been appointed as the single advertising agent.

Sant Ritz Distribution

As part of the Chinatown-Tanjong Pagar historical conservation area, the shophouse is situated in the Duxton Hill enclave, home to prominent restaurants, bars and hipster cafes. Tanjong Pagar MRT Station (on the East-West Line) and also the upcoming Maxwell MRT Station (on the Thomson-East Coast Line) are both within walking range.

Dairy Farm Residences | The Estuary | Forestville | Sant Ritz | Ecopolitan | J Gateway | Kensington Square | The Panorama | Lake Life | City Gate | Westwood Residences | Bellewoods | Bellewaters | The Terrace EC | Botanique @ Bartley | Symphony Suites | The Vales EC | Wandervale EC | Thomson Impressions | Parc Life EC | Highpark Residences | Cairnhill Nine | Parc Riviera | Sol Acres | Inz Residence EC | Carpmael 38 | Kingsford Waterbay | Signature at Yishun | The Criterion EC | The Alps Residences | Forestwoods | Queens Peak | The Navian | Amber 45 | The Verandah Residences | Nim Collection | Martin Modern | Le Quest | Bukit 828 | The Hyde | Seaside Residences | Fourth Avenue Residences | The Garden Residences | Uptown @ Farrer | The Gazania | Midtown Suite | Artra Condo | Canninghill Piers | 8 Saint Thomas | Grange 120 | The Tapestry | Park Colonial | Riverfront Residences | Jadescape | Boulevard 88 | Arena Residences | Parc Clematis | Riviere | Midwood | Avenue South Residence | Midtown Bay | Piermont Grand | Kopar @ Newton | Klimt Cairnhill | Phoenix Residences | Belgravia Ace | Tengah EC | Yishun EC | Jalan Tembusu Condo | Bukit Batok EC | Ang Mo Kio Condo | Jalan Anak Bukit Condo | Slim Barracks Rise | Lentor Condo | Tampines EC | Dunman Road Condo | The Reserve Residences | Amo Residences | Blossoms | Orchard Sophia | Bukit Batok EC | Copen Grand EC | Tengah EC | Tenet EC | Senja EC | Marina Gardens Lane Residences | Jurong East Central Condo | Former JCube | Leonie Hill Condo | Upper East Coast Road Condo | Yuan Ching Road Condo |Former Park View Mansions Enbloc | Lorong Chuan Condo | Former Chuan Park Enbloc | Former Euro Asia Apartment Condo | Serangoon Road Condo