How much is your asking price?

i'm looking for a 700 sf unit at block B, facing pool
pls pm me if u do have any

I'm looking for 700sft and 2 car parks unit, facing non-west.
Please pm me if you do have any.

Thanks.

scott garden is officially 6months after VP. Did tesco moved out from scott gardens?

I heard that also.

it could be pro and con for the residents there.
But for the shoplots, it will affect the crowd there for sure

uh? what are the pros of tesco moving out? their soho concept will failed if tesco moved out.

Wow. That bad r the business at Tesco there?

6 months only, too fast .. by the way, why move out?

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This post has been edited by nck: Oct 1 2013, 07:43 PM

yup....why moving out? just curious....
any news from tesco for reference?

This post has been edited by nck: Oct 1 2013, 07:45 PM

I dont think Tesco is moving out anytime soon from Scott Garden as their have contract with the landlord when they move in that time...

And normally, Tesco or other big hypermarket, they will signed at least 5 to 10 years of contract to make sure their rental is not rise or vice versa.

Even the business there is not as great as other Tesco hypermarket, but you guys have to know, this is not the stand-alone hypermarket, so therefore, they dont need to produce that sales volume.

BTW, their business is not as bad as we see tho... coz i am a frequent shopper there too... and i have shifted my groceries shopping from nearby NSK to Tesco, reason? U will know the quality of of the goods when one is local and one is UK based hypermarket

Cheers...

if a biz is bleeding money and there's no end in sight, normally they will rather one time cut off by paying the penalty. i never heard businesses whereby losing big money keep continue operating to lose even more money for sake of maintaining contract

Have you people heard of fake tenancy recently... I heard got people use such method to cheat buyers to buy the property... The one I heard is subsale, they will show you the nice tenancy with great ROI, but once you bought it, the tenant will say bye bye and you end up to seek for new tenancy which the ROI will be much lower...

Something I saw is they kind of 'PA KAT' to gain buyer interests....

nowday many thing also can fake. wont surprise got fake tenancy

Who is the "tenant" actually?

Well, i guess what u meant here is right...but does it really losing big money? Is this Tesco really so quite until no one goes there and shop? As far as i know, i havent seen any 'small' Tesco closed down before... furthermore, as i know the rental rate they get in Scott Garden is as cheap as a warehouse to store their goods

It's a Win-Win situation tho..

Yeah, big name hypermarket and chain store they wouldn't simply close down any shops, definitely they've holding power and they know about business rule, it takes time to boom

yeah, normally happen in Commercial property, more in Factory

just in case anyone here looking for a unit, i have a client letting go their unit.. price is below market.. interest buyer pls pm me

quite common le... i heard at least 3 cases b4...