UA-31894581-1 Freehold Restaurant / F&B / Cafe Spaces for Sale Singapore

Contact at +65 9114 3737

Freehold Restaurant / Food and Beverage (F&B) Spaces
for Sale Singapore

Singapore is famous for food. If there is good food, even at obscure locations, food lovers would flood the outlets. New restaurants and cafes are popping up here and there and in quite a fast pace. On the other hand, there are just as many which close down.

Some F&B Statistics

Singstats (from Department of Statistics Singapore) indicated in April 2016 that the percentage change in Sales for Restaurants grew 0.2% on year-on-year basis, Fast Food Outlets grew 1.7% and Other Eating Places (inclusive of cafes) grew a tremendous 5.1%. The only sector that declined is Food Caterers that dropped 4.1%. The food and beverage industry is effectively growing.

Food Business in Singapore

There are many aspects to consider in food business in Singapore. Top of the list is Labour. Hiring and motivating staff can be quite challenging. The quota for hiring of foreigners is constantly restricted.

Getting the appropriate licenses is also difficult. There are liquor licenses, food shop licenses and these licenses have to be obtained from different governmental authorities.

Cost of starting the operations can also be challenging as the outlet need to be attractive, the kitchen must be very operational easily and there is the cost of rental if the business owner is not the owner of the premise.

Location, Location, Location

Then there is the infamous Location, Location, Location. It has to be easily accessed, availability of car park lots, obvious (preferably at road level), large enough to host enough seats and tables and most importantly, able to get a stream of patrons.

For someone who is keen to get a food and beverage shop, the tenure of the premise will be a key aspect. Depending on the location and Singapore Master Plan, the tenure could be freehold, 99-year leasehold or 999-year leasehold in general. For one who is looking for an investment on the longer term basis or to pass down to the next few generations, getting a freehold would certainly be the prime choice if the price is right. Some investors would need to study on the return of investment and gauge for themselves on the possible demand and supply of the potential patrons that the food operators could attract.

Freehold Restaurant / F&B Shops from Developer

Freehold food and beverage shops are very limited and there are opportunities for such shops to be available directly from the developers. Do not miss these opportunities at:
Development Name: Trio
Type: Commercial
Location: District 8 – next to Mustafa
Tenure: Freehold
TOP (Completion): Est End of Q1 2018

Units available:<br /> 2nd level, 1873 sqft, 1087 sqft
3rd level, 1938 sqft, 1055 sqft
4th level, 603, 560, 743, 1410 sqft

- Centralised Loaction
- 5 minute walk to Existing Farrer Park and Future Jalan Besar MRT Station
- Good Human Traffic; Tap on the flow of patrons of Mustafa
- Foreigner eligible
Development Name: Hexacube
Type: Commercial
Location: District 14 – Changi Road, near Eunosville
Tenure: Freehold
TOP (Completion): mid 2017

Units available:<br /> Ground level: 4 units side by side, sizes from 710 to 786 sqft, can combined to form 3,024 sqft size

- ‘Cannot miss’ frontage at road level
- 5 minute walk to Eunos MRT Station
- High ceiling height of 4.7 m (floor to floor height)
- Foreigner eligible
- Units are provided with grease trap and exhaust link up to the roof
Development Name: Longhaus
Type: Commercial/Residential
Location: District 20, Upper Thomson Road
Tenure: Freehold
TOP (Completion): Est Oct 2020

Units available:<br /> Total space of 6,188 sqft

- Close to Marymount and future Upper Thomson MRT
- Foreigner Eligilible

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