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F&B spaces in Jurong and Bedok for sale at $30 mil

By Tan Chee Yuen

/ Savills |

November 3, 2016 9:51 AM SGT

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Two F&B spaces have been put up for sale by expression of interest (EOI). The indicative price for both is $30 million. Interested buyers could either buy them collectively or individually.

The F&B space located at 134 Jurong Gateway is being operated as an air-conditioned coffee shop and food court with an annex outdoor refreshment area. The indicative price for the coffee shop is $18 million.

The other F&B space is located at 744 Bedok Reservoir Road, next to Bedok Reservoir Park, and is currently leased to McDonald’s Restaurant with an outdoor refreshment area. The subject property also comes with living quarters or a three-room flat on the second storey that is accessible separately. The indicative price for this F&B unit is $12 million.

Savills is the appointed sole marketing agent and the EOI closes on Nov 30.

134 Jurong Gateway

744 Bedok Reservoir Road

Source: Savills

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