10/7/2018-8

“Electronic King" 180 million purchase floor shop

The United States promised that the 67A floor of Waterloo Road, which is represented by the bank, will be connected to the two-storey unit on the upper floor and successfully sold for $180 million together with the lease. It is understood that the buyer is Gu Mingjun who has the title of “Electronic King".

The above-mentioned properties have a total area of 9,169 square feet, of which the floor space covers 3,638 square feet. The shop is currently rented by two restaurants, Wanbao Vegetarian Restaurant and Nanhua Restaurant. The monthly rent is $392,000 and the rate of return is 2.6 per cent. The lease was set in the early years and I believe there is room for improvement.