The violent clash hit the tourism industry, and the exchange business was also affected
Some exchange shop owners desperately needed funds due to business turnover. They sold 40% of their own shop at Lockhart Road, Wan Chai for half a year. Property appreciation 18%.
Company equity transfer sale
It is reported that Shop 4, G / F, Xiangyou Building, 150-158 Lockhart Road, Wan Chai, has a building area of 350 square feet. The original owner, Chen Sheng, the owner of Jincheng Money Exchange, was released before the social movement in June. After that, the owner reduced the price several times, and recently sold it for 33 million yuan, which is 22 million yuan or 40% lower than the original asking price. It was sold through the company’s equity transfer.
The shop is sold with a lease, and it is now leased to Jincheng Money Exchange
The monthly rent is 100,000 yuan. The lease period is until March 2021. New buyers can enjoy a rental return of 3.6%. It is reported that the original owner bought it for 28 million yuan in February 2014, held the stock for more than 5 years, made a book profit of 5 million yuan, and appreciated the property by 18%.