Savills has been appointed the sole agent for the G/F and M/F of 23 Sing Woo Road, Happy Valley, to be sold with the existing tenancy. The tender will close on 20 May 2014 (Tuesday) at 12 pm.
The subject property consists of a 1,200-sq ft retail shop on the G/F and a 700-sq ft mezzanine, totalling 1,900 sq ft. The frontage is approximately 14ft 7 in. Currently, the tenant is a gourmet food retailer.
Celebrities and movie stars love to call Happy Valley their home. It is only a ten-minute walk to the bustling Causeway Bay district but with its own unique community appeal. Sing Woo Road, where the subject property is located, is regarded as one of the core streets of Happy Valley.
Sharon Fong, Deputy Managing Director of Investment, Savills said, “Happy Valley is unique and has its own character. Residents are a mix of high net worth expatriates and local celebrities. The district houses numerous high-end residences and restaurants. In addition, horse racing activities which take place at the Happy Valley Racecourse will definitely bring more business to the neighbourhood.”