Excelsior Hotel
5 Coleman Street
S$ 9,680,000
4,402
sqft
S$ 2,199.00
psf
390 m (5 mins) from NS25 City Hall MRT Station
540 m (7 mins) from NE5 Clarke Quay MRT Station
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Property details
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About this property
Rare Nightclub license commercial units for sale! Priced to sell.
New Listing@ Excelsior Hotel
Property Highlights
* Prime city-centre commercial unit at Excelsior Hotel @ 5 Coleman Street
* 2 adjoining units
* Approx. 4,402 sqft
* Asking price: $9.68 million (Approx. $2,199 psf)
* Renovated condition
* High tenancy
* Rare nightclub licence
* GST applicable
* View anytime by appointment
Investment Highlights
* Rare opportunity to own a sizeable commercial unit in the City Hall / Clarke Quay area
* Spacious floor plate suitable for nightlife, entertainment, lounge, club, bar or event space, subject to approvals
* Existing tenancy provides immediate rental income
* Rare nightlife-approved premises with long operating hours
* Nightclub licences in prime central locations are increasingly difficult to obtain
* Strong scarcity value for both investors and future owner-operators
* Located within Excelsior Hotel at 5 Coleman Street
* Short walk to City Hall MRT
* Excellent connectivity to CBD, Clarke Quay, Raffles Place, Marina Bay, Bugis and Orchard
* Surrounded by hotels, offices, malls, F&B outlets, entertainment venues and tourist attractions
* Nearby landmarks include Funan, Raffles City, Capitol Singapore, Fort Canning, National Gallery Singapore and Clarke Quay
* Strong catchment from office crowd, tourists, hotel guests and nightlife patrons
Suitable For
* Investors looking for a tenanted commercial asset
* Nightlife operators
* Club, lounge or bar operators
* Entertainment or event space users
* Future owner-occupiers seeking a rare licensed premises in a prime city location
Viewing available anytime by appointment
Disclaimer: Photos are for illustration purposes only and are artist’s impressions. They are not actual images of the property. Actual condition may vary and viewing is recommended.
Property Highlights
* Prime city-centre commercial unit at Excelsior Hotel @ 5 Coleman Street
* 2 adjoining units
* Approx. 4,402 sqft
* Asking price: $9.68 million (Approx. $2,199 psf)
* Renovated condition
* High tenancy
* Rare nightclub licence
* GST applicable
* View anytime by appointment
Investment Highlights
* Rare opportunity to own a sizeable commercial unit in the City Hall / Clarke Quay area
* Spacious floor plate suitable for nightlife, entertainment, lounge, club, bar or event space, subject to approvals
* Existing tenancy provides immediate rental income
* Rare nightlife-approved premises with long operating hours
* Nightclub licences in prime central locations are increasingly difficult to obtain
* Strong scarcity value for both investors and future owner-operators
* Located within Excelsior Hotel at 5 Coleman Street
* Short walk to City Hall MRT
* Excellent connectivity to CBD, Clarke Quay, Raffles Place, Marina Bay, Bugis and Orchard
* Surrounded by hotels, offices, malls, F&B outlets, entertainment venues and tourist attractions
* Nearby landmarks include Funan, Raffles City, Capitol Singapore, Fort Canning, National Gallery Singapore and Clarke Quay
* Strong catchment from office crowd, tourists, hotel guests and nightlife patrons
Suitable For
* Investors looking for a tenanted commercial asset
* Nightlife operators
* Club, lounge or bar operators
* Entertainment or event space users
* Future owner-occupiers seeking a rare licensed premises in a prime city location
Viewing available anytime by appointment
Disclaimer: Photos are for illustration purposes only and are artist’s impressions. They are not actual images of the property. Actual condition may vary and viewing is recommended.
Amenities
Air conditioner
Covered car parking
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
S$ 0 / mo
S$ 0 Principal
S$ 0 Interest
Upfront costs
Total downpayment
S$ 0
Downpayment
S$ 0 Loan amount at 0% Loan-to-value
Excelsior Hotel
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Recommendations
FAQs
The sale price of this unit at Excelsior Hotel is S$ 9,680,000.
Current PSF at Excelsior Hotel is about S$ 2,199.00 psf.
The estimated loan repayment is S$ 36,971 / mo.
Excelsior Hotel is located at 5 Coleman Street City Hall / Clarke Quay City & South West (D01-08).
Floor size of this unit at Excelsior Hotel is 4,402 sqft.
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