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Commercial potential

Commercial properties in Phnom Penh are mainly dominated by shopfront-style units that provide an ideal option for smaller businesses, especially considering the exodus of larger businesses to the capital’s emerging, high-end office space. As the construction of new commercial blocks continues, the supply of these smaller units will only increase. The major benefits of these properties include exposure, accessibility and, occasionally, that most precious of resources – parking spaces. These options tend to vary in quality, however, with some requiring extensive fit-outs, while others, usually at added expense, require minimal input to relocate a business.

BKK3
This four-storey building, on Monivong Boulevard in BKK3, has a 4.5m by 30m open-plan space and a 30sq m office located on each level. The property would be an ideal destination for a head office or retail unit, and comprises a total of 675 square metres. There are parking spaces for two veh-icles to the front of the property. At the listing price, the space is going for just under US$4 a square metre – a low price for a great location.

Daun Penh
This newly constructed shopfront is located near the Pencil shopping complex on Norodom Boulevard in Daun Penh district. Set over two levels, it is well equipped and would suit a restaurant or café.  There is a fully equipped kitchen at the rear and a large, open-plan space upstairs. There are two access points for the upper floor, a rear stairwell and front stairways near the entrance, while parking is available to the front of the property and on the roadside. The property is a massive 5m by 45m, with a listed price of US$3000 per calendar month.

Tonle Basac
Located close to the Bassac river, this unit is within walking distance of the Phnom Penh Centre and the Sofitel and Almond hotels. The 240 square metre space is made up of a ground floor and mezzanine area. On the ground floor, there is a large, open-plan area with significant street frontage, two bathrooms and a well-lit rear room ideal for a boardroom/meeting room, a private treatment room or even a kitchen. Upstairs, there are two open-plan areas and a back-room office with private bathroom. The property would ideally suit a boutique office, a high-end beauty salon, a quality retail offering or even a design studio. The price is listed at US$2000 per calendar month.

For further information on these properties and others in Phnom Penh, Independent Property Services director David Murphy can be reached on 077 959 861 or dmurphy@independentpropertyservices.com. Alternatively, visit www.independentpropertyservices.com

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