Are you looking to secure a return on investment? This popular Chinese Restaurant & Takeaway located in Mossman attracts regular trade from locals and visitor alike. This family run business is offering its strata premises (167sqm) for sale.
The vendors are looking to sell the subject premises and will stay on as the tenants on a long lease of 3 x 3 lease with CPI. They will pay a rental of $600p/w + Outgoings of Council Rates and Body Corporate fees. With their past track record of operating a successful business, these reliable tenants will ensure a steady income for you, the landlord, during the course of the lease.
You don't need to look twice - a list price of $420,000 with gives you a return of 7.4% net p.a.
Call Nicole now on 0416 033 948 or email nicole@propertyshopmossman.com or Alan on 0419 793 434 or email alan@propertyshopportdouglas.com
