Excelsior Hotel

New Listing@ Excelsior Hotel Property Highlights * Prime city-centre commercial unit at Excelsior Hotel @ 5 Coleman Street * 2 adjoining units * Approx. 4,402 sqft * Asking price: $9.68 million (Approx. $2,199 psf) * Renovated condition * High tenancy * Rare nightclub licence * GST applicable * View anytime by appointment Investment Highlights * Rare opportunity to own a sizeable commercial unit in the City Hall / Clarke Quay area * Spacious floor plate suitable for nightlife, entertainment, lounge, club, bar or event space, subject to approvals * Existing tenancy provides immediate rental income * Rare nightlife-approved premises with long operating hours * Nightclub licences in prime central locations are increasingly difficult to obtain * Strong scarcity value for both investors and future owner-operators * Located within Excelsior Hotel at 5 Coleman Street * Short walk to City Hall MRT * Excellent connectivity to CBD, Clarke Quay, Raffles Place, Marina Bay, Bugis and Orchard * Surrounded by hotels, offices, malls, F&B outlets, entertainment venues and tourist attractions * Nearby landmarks include Funan, Raffles City, Capitol Singapore, Fort Canning, National Gallery Singapore and Clarke Quay * Strong catchment from office crowd, tourists, hotel guests and nightlife patrons Suitable For * Investors looking for a tenanted commercial asset * Nightlife operators * Club, lounge or bar operators * Entertainment or event space users * Future owner-occupiers seeking a rare licensed premises in a prime city location Viewing available anytime by appointment Disclaimer: Photos are for illustration purposes only and are artist’s impressions. They are not actual images of the property. Actual condition may vary and viewing is recommended.