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Hi, I am looking to lease a commercial retail space for a F&B project. However, the space we are looking at has an existing tenant. The tenant is asking for a takeover fee. But we do not require the equipment and fixtures. Is there a way we have the takeover fee removed? We are happy to purchase our own equipment and build the space up from scratch.
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3 Answers

Hello Marcus,

Usually for such scenarios, you will either have to talk to the tenant about the takeover fee or you will have start looking elsewhere for your F&B project. It is very unlikely that the takeover fee would be removed if you are only looking at that particular location, unless you are able to work a win-win solution with the current tenant.

I hope this helps. Should you require further information, please do not hesitate to beep me.

Thank you.

Warmest Regards
Irfaan Thian
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Dear Marcus,

Which space are you interested in? Please furnish me with more details about your requirements perhaps I got other matches for you? I have a couple of F&B approved space very suitable for concept restaurants which you can start from scratch. Let me know if you are still working on getting this space.

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Geryl LIM
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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

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