Expressions of interest are sought for the purchase of prime Cecil St retail space GB Building in Cecil St, Singapore.
With a document deadline of November 30, the property is in the hands of Edmund Tie & Company as sole marketing agent.
A duplex unit, the property comprises the first and second floors of GB Building, linked by an internal staircase. It has a total strata area of 1213 sqm and has a 45m street-level frontage. The current tenant is using the property as a show gallery.
On the junction of Cecil and McCallum Sts, a bustling pedestrian thoroughfare especially during weekdays, the GB Building has excellent street-level visibility. The neighbouring SBF Center, just completed, provides sheltered access to Robinson Road and Tanjong Pagar MRT station from GB Building.
An urban rejuvenation project is also underway in the property’s vicinity, with new commercial, residential and hospitality developments. Ongoing projects include Frasers Tower, OUE Downtown, Oxley Tower and Tanjong Pagar Centre.
The property can be used for F&B, and given its regular layout, it could be partitioned into smaller units for different businesses or letting out to multiple tenants.
