St george rd
S$ 600,000
Negotiable
850
sqft
S$ 705.88
psf
810 m (10 mins) from NS20 Novena MRT
830 m (10 mins) from TE10 Mount Pleasant MRT
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Property details
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About this property
Business & Lease Takeover for Fully Operational Minimart
A rare opportunity to acquire a fully operational and profitable grocery, convenience, beer, cigarette and household products store in a well established residential neighbourhood.
Property Details:
Unit: 3 St George’s Road #01-75, Singapore 320003
Size: 850 sqft
Monthly Rent: $6,238
Asking Price: $600,000
Business Performance:
Monthly Sales: $180,000 to $200,000
Peak Season Sales: Up to $240,000 per month
Key Highlights:
Established business with regular customer base. High foot traffic location surrounded by HDB estates and active businesses, ensuring consistent daily demand. Alcohol and cigarette licences available for transfer (subject to approval). Fully fitted and operational. POS system, cashier setup, computers and all equipment included. Multiple commercial refrigerators and display chillers included. Existing inventory and stock included. Immediate takeover possible.
Lease & Rental:
Monthly rent at $6,238. Renewal option subject to landlord discussion.
Staff:
Existing Singaporean cashier available for takeover at approximately $3,000 per month. New owner may retain existing staff or hire their own team.
Sale Structure:
Business asset sale. Proprietorship and business transfer possible. Equipment, refrigerators, shelving, POS systems and fixtures included. Existing stock included. Assistance with transition and licensing transfer provided.
Interested parties please contact Elizabeth | PropNex
DM or WhatsApp (8o6o3828) for full details
Property Details:
Unit: 3 St George’s Road #01-75, Singapore 320003
Size: 850 sqft
Monthly Rent: $6,238
Asking Price: $600,000
Business Performance:
Monthly Sales: $180,000 to $200,000
Peak Season Sales: Up to $240,000 per month
Key Highlights:
Established business with regular customer base. High foot traffic location surrounded by HDB estates and active businesses, ensuring consistent daily demand. Alcohol and cigarette licences available for transfer (subject to approval). Fully fitted and operational. POS system, cashier setup, computers and all equipment included. Multiple commercial refrigerators and display chillers included. Existing inventory and stock included. Immediate takeover possible.
Lease & Rental:
Monthly rent at $6,238. Renewal option subject to landlord discussion.
Staff:
Existing Singaporean cashier available for takeover at approximately $3,000 per month. New owner may retain existing staff or hire their own team.
Sale Structure:
Business asset sale. Proprietorship and business transfer possible. Equipment, refrigerators, shelving, POS systems and fixtures included. Existing stock included. Assistance with transition and licensing transfer provided.
Interested parties please contact Elizabeth | PropNex
DM or WhatsApp (8o6o3828) for full details
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
S$ 0 / mo
S$ 0 Principal
S$ 0 Interest
Upfront costs
Total downpayment
S$ 0
Downpayment
S$ 0 Loan amount at 0% Loan-to-value
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Recommendations
FAQs
The sale price of this unit at St george rd is S$ 600,000.
Current PSF at St george rd is about S$ 705.88 psf.
The estimated loan repayment is S$ 2,291 / mo.
St george rd is located at Balestier / Toa Payoh Balestier / Geylang (D12-14).
Floor size of this unit at St george rd is 850 sqft.
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