Retail Outlets at the Prestige Arcade on Church Street Ghaut, George Town UNESCO WHS

For

RENT MYR 5,138

per month

Title: Freehold

Tenure: 0 Years

Bedroom:

Bathroom:

Built-up Area: 734 sq.ft

Land Area: 0 sq.ft.

Others:

The Prestige Arcade are ground-level retail outlets of The Prestige Hotel, a luxury homegrown hospitality label located in the heart of the Georgetown UNESCO world heritage site. Inspired by its colonial Victorian heritage, it welcomes the urbane traveller to a magical contemporized colonial scene, with 162 rooms, an all day dining outlet, an arcade with a mix of retail outlets, event spaces and a rooftop infinity pool.

Shop 1: 68.22 SM
Shop 2: 33.82 SM
Shop 3: 63.84 SM
Shop 4: 25.16 SM
Shop 5: 24.89 SM
Shop 6: 109..40 SM
Shop 7: 110.90 SM
Shop 8: 44.52 SM
Shop 9: 66.08 SM
Shop 10: 77.12 SM

(Unit 1 and 3 are currently available - subject to changes)

Each retail unit comes with bare floor and ceiling, one FCU unit and meters to monitor usage of water and electricity. As air-conditioning is centralized, the tenants will be billed according to capacity of FCU and operation hours.

All tenants are required to submit design drawings including M&E, plumbing etc for management approval prior to renovation.

The rental rate is at MYR 7 per sq ft (negotiable) tenancy term preferred: 2+2 year.

25 minutes away from Penang International Airport, within walking distance to Penang’s cultural hotspots and popular gourmet finds, together with Prestige’ bespoke hospitality, The Prestige Hotel brings local inspiration to life for intrepid world travellers seeking to experience local charm at its best. It is the perfect designer living space for the busy business executive and the contemporary world traveler of today.

The hotel site was historically a century-old godown used during the maritime trading era in the late 1900s. Set amongst the beautiful and intricate 19th century English colonial buildings found in this UNESCO World Heritage site, the 162-room locally rooted boutique brings to mind a tropical Victorian Eden through the hotel’s lush garden-conservatory feel. Inspired by the heritage-banking district of old town Penang and Church Street, as well as the City’s rich tropical geography and botany, the Prestige is a modern luxury hotel designed for the discerning business and leisure traveller who seek a memorable hotel experience away from the predictable.

Church Street Ghaut
, Penang