Wo Lung Street 980 sq.ft. Ground Floor Shop For Sale In Fanling
Location and General Information
Ground Floor retail investment for sale at Po Wing Building, on Wo Lung Street in Fanling – within the Luen Wo Market area. The property is sold subject to the existing tenancy, providing immediate rental income for an investor.
The premises offers approximately 980 sq.ft. plus a cockloft of about 540 sq.ft. The unit benefits from a ceiling height of about 9 ft 6 in (cockloft 7 ft), a frontage of about 12 ft 5 in and depth of about 55 ft 3 in, 60A three-phase electricity, town gas available on application, water supply and an internal toilet.
The asking price is HK$15,000,000. The unit is presently let at a passing rent of HK$35,000 per month (tenancy to 31/7/2027), with government rates of about HK$5,145 quarterly. Available as an asset sale or share sale.
