Your client, Mr. R intends. to buy a shop for investment purpose. He has received an offer for sale as follows: Shop A (Offer for Sale) 1. Asking Price: $35,000,000 2. Particulars of existing tenancy: Tenure:Rent:6yearsfrom1.10.2019to30.9.2025$150,000permonthfortheperiodfrom1.10.2019to30.9.2022$180,000permonthfortheperiodfrom1.10.2022to30.9.2025 Your research department has provided you the following market information: - (a) Shop B This shop is adjacent to Shop A. The size and configuration of Shop A and B are the same. Shop B has recently been let at $135,000 per month for a period of 3 years from 1.10.2021 to 30.9.2024 (b) Shop C This shop is just opposite to shop A1 and is smaller in size. It was sold last week at a price $5,000,000 subject to existing tenancy. The tenure is for a period of 3 years from 1.8.2020 to 31.7.2023 at a rent of $25,000 per month. You are required to estimate the market yield for shops in the locality and the market value for Shop A. ( 20 marks) You may make reasonable assumptions and make valuation notes at the end of your answer. Your client, Mr. R intends. to buy a shop for investment purpose. He has received an offer for sale as follows: Shop A (Offer for Sale) 1. Asking Price: $35,000,000 2. Particulars of existing tenancy: Tenure:Rent:6yearsfrom1.10.2019to30.9.2025$150,000permonthfortheperiodfrom1.10.2019to30.9.2022$180,000permonthfortheperiodfrom1.10.2022to30.9.2025 Your research department has provided you the following market information: - (a) Shop B This shop is adjacent to Shop A. The size and configuration of Shop A and B are the same. Shop B has recently been let at $135,000 per month for a period of 3 years from 1.10.2021 to 30.9.2024 (b) Shop C This shop is just opposite to shop A1 and is smaller in size. It was sold last week at a price $5,000,000 subject to existing tenancy. The tenure is for a period of 3 years from 1.8.2020 to 31.7.2023 at a rent of $25,000 per month. You are required to estimate the market yield for shops in the locality and the market value for Shop A. ( 20 marks) You may make reasonable assumptions and make valuation notes at the end of your