- 11
Friday, September 15, 1972
TENDERS FOR RESETTLEMENT SHOPS AND RESTAURANTS
The Government is again inviting tenders for the renting of some
23 resettlement shops and seven restaurants in estates situated on Hong
Kong Island, Kowloon and the New Territories.
Tenancies will be for a term of three years in the case of shops
The tenancies are renewable subject to
and four years for restaurants.
re-negotiation and rental re-assessment.
Although part of the specified shop premises may be used for
domestic purposes, there can be no sub-letting.
Each of the shops to be let has been designated for a particular trade
to provide a balanced shopping centre for the estates.
Successful tenderers will not be allowed, under normal circumstances,
to change their trades and in case of a breach of lease conditions, the
the lease will be terminated.
A Resettlement Department spokesman said today that anyone who is
over 21 years can tender for these shops and restaurants, but the final
decision will rest with the Central Tender Board.
Deposits of $500 for shop premises or $2,000 for restaurant premises
tendered will be requiried as a pledge of the bona fides of the tenderer,
but will be refunded if it is unsuccessful.
Anyone who wants further details may call personally at the
Resettlement Department at 692, Prince Edward Road, San Po Kong Government
Offices, 4th floor, Kowloon.
12