Page 58 - Thirst Magazine Issue No. 3 Coffee & Tea

PROPERTY

RENTAL FOR

F&B OUTLETS

Bernard Liew of Messrs Kin Jong & Co., a practicing lawyer
points out several important aspects of commercial renting.

ost F&B outlets are run out of rented clubs mushrooming in the Klang Valley due to the
properties, especially in commercial areas higher spending power of millennials (those born
and the cities, where rental can vary in between 1977 and 1994, according to Newsweek)
depending on the location and type of and their interests in food and drinks, opening
Mproperties you are renting. and operating an F&B outlet may seem to be a risk
Generally, there are a few key items that you have worth taking with potentially handsome returns.
to watch out for when considering a business in F&B. However, more often than not, F&B outlets are usually
With rental being the biggest item on your list of rental premises at strategic locations, and tenancy of
investments, it is only wise to make thorough plans commercial properties is far more complicated than
and equip yourself with some basic legal knowledge. one may think and differs vastly from tenancy of
With an array of cafes, restaurants, pubs and residential properties.

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