Sun City Nishikasai, Basement Shop | 2 min from Nishi-kasai Station, 69.41 sqm, Tenanted (Gross Yield 6.02%)

A basement-level retail unit (strata title) in Sun City Nishikasai, a 2-minute walk from Nishi-kasai Station on the Tokyo Metro Tozai Line, in a commercial zone close to the station-front intersection. A sign can be placed on the ground-floor street side, and according to the sales materials the unit can accommodate heavy-duty restaurant use and 24-hour operation. It is currently let to a restaurant (lunch by day, bar by night).

The price is 79 million yen (tax included). Annual rent and fees total 4,752,000 yen including consumption tax, giving a gross yield of 6.02% and a net yield of 5.26% after management fees, repair reserve and property taxes. Calculated on rent excluding consumption tax (4,320,000 yen a year), the gross yield is 5.47%. All figures are based on the current lease and do not guarantee future income.

Income and expenses (annual, current)

• Rent and fees: 4,752,000 yen (396,000 yen per month = 360,000 yen + consumption tax 36,000 yen)
• Management fee and repair reserve: 399,840 yen (management fee 17,300 yen and repair reserve 16,020 yen per month)
• Fixed asset and city planning taxes (FY2025): 196,912 yen
• Net income: 4,155,248 yen

Lease

• Business: restaurant (lunch by day, bar by night)
• Lease term: 1 May 2026 to 30 April 2028 (renewed on 1 May 2026)
• Deposit: 720,000 yen (to be taken over by the buyer)
• The tenant has a rent guarantee company in place

Building

• Completed June 1985 (post-1981 seismic standards); steel and reinforced concrete, 9 storeys above ground with 1 basement level; the unit is in the basement. 20 units in total
• Floor area 69.41 sqm (approx. 20.99 tsubo), including an annex section
• Site area 349.05 sqm, freehold (co-ownership share 1766/34905); Commercial zone
• Restaurant chains, convenience stores and supermarkets are clustered around the station. After the current tenant leaves, the unit could also serve as your own business location.

Points to check

• The unit is below ground. Before contract we will explain Edogawa City's flood hazard map, any flooding history, water-stop and drainage equipment, and insurance terms.
• Heavy-duty restaurant use, 24-hour operation and signage are conditions stated in the sales materials. Whether a given business or opening hours are allowed depends on the building's management rules and will be confirmed when the terms are finalised.
• The final property tax amount, the lease type (standard or fixed-term) and renewal terms will be provided when the terms are finalised.

About the images

The photo shows the nearest station, Nishi-kasai. Photos and drawings of the unit are available on request.

For viewings or materials, please let us know your preferred dates. We can assist in English and Chinese (Mandarin / Taiwanese Mandarin).