43 Shops in Shenzhen CBD for Sale

The 43 shops to be sold are located next to a landmark building in Shekou District, Shenzhen, China, adjacent to the Shenzhen International Cruise Terminal and the upcoming New World K11 Shopping Mall, with a prime geographical location.

Shenzhen is known as the "Silicon Valley" of China, an economic special zone, a national economic center city, and a national innovation city. It is also one of the core engine cities of the Guangdong Hong Kong Macao Greater Bay Area. Shenzhen has gathered the headquarters of many globally renowned companies, including Huawei, Tencent, BYD, SF Express, DJI, etc.

43 shops cover a total area of 3,713 square meters. Between 2020 and 2021, the actual transaction unit price is between RMB 220,000 (equivalent to USD 30,800) and RMB 330,000 (equivalent to USD 46,197) per square meter.

In March 2023, the 43 shops were evaluated at RMB 896 million (equivalent to USD 125,438,000) by a professional appraisal company in an application of mortgage loan of RMB 400 million (equivalent to USD 55,996,400) filed by the owner. The appraisal unit price was RMB 240,000 (equivalent to USD 33,598) per square meter.

Now, the owner intends to sell the 43 shops at a total price of RMB 360 million (equivalent to USD 50,397,480) with the unit price of RMB 97,000 (equivalent to USD 13,579)

The 43 shops will be handed over to a well-known catering group in Hong Kong for management and promotion (with an intended rent of RMB 1,300 (equivalent to USD 182)/square meter/month), aiming to create a new landmark for high-end catering consumption in Shenzhen. According to the intended rental, the annual rental will be RMB 57,928,000 (equivalent to USD 8,109,000) with a rental return rate of 16%.

PLEASE BE NOTED:

1. For the sake of authentic and effective transactions, please send your inquiry, together with a Profile of your company/firm.

2. The above information is for reference only and shall not be regarded as trading terms.

OUR COMPANY PROFILE:

We are a leading large CPA group with over 2,500 professionals (370 certified public accountants) in nearly 98 branches across Mainland China, which ranks among the TOP CHINESE 50 CPA FIRMS.

The specialized services we render include audit to listed and unlisted companies, merger and acquisition advisory, IPO consulting, tax planning and so on. The M&A opportunities posted by our M&A team are projects in the sectors/industries of finance, high-end manufacturing, education, agriculture, real estate, etc.

As of the financial year of 2022, we’d achieved operating revenues for more than RMB 530 million (USD 74.3 million).