126 Percy Street, WELLINGTON NSW 2820
$779,000.00 or near offer
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- 12 Oct 2016
The most valuable Wellington Commercial Premises
The opportunity exists to purhcase 3 in line shops located in the central west town of Wellington N.S.W.
Wellington, the second oldest town over the Blue Mountains, is located at the junction of the Bell & Macquaire Rivers.
The main shop has a Mitchell Highway frontage & each of 3 shops, although all on one separate title, are part of the coles store arcade with permanent & unrestricted access (apart from vehicular) from a common walkway. Door openings on the 2 rented shops are located only 4 mtrs from the Coles checkouts.
The 2 tenated shops have the following income streams:-
(a) 150 square metre shop pays council outgoings including rates, water & sewerage plus 1 waste disposal in addition to a return of $40,102.00 nclusive of GST
(b) 70 square metre shop also pays council outgoings including rates, water & sewerage but no waste disposal in addition to a return of $17,520.00 inclisive of GST - giving a total of $57,622.40 per annum inclusive of GST PLUS Council outgoings of approximately $1,524.00
(c) The remaining Mitchell Highway frontaged shop is currently owner operated & this style of business could be continued.
Please note that this portion of the property will be leased back at $400 per week until March/April 2016 with the owner/tenant paying all out goings on this area.
This shop also has the largest floor space & is available to a new lessee with an entirely different type of business.
Inspections are strictly by appointment through the listing agents.
* Proportional GST may be payable. Images reflect properties at the time when the photos were taken or in some cases at an earlier point. Seasonal changes & maintenance can affect the current presentation and prospective purchasers are urged to use them as a guide only.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
126 Percy Street WELLINGTON