103-105 Napier Street, ST ARNAUD VIC 3478
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- Retail, Other
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- 6 x Onsite parking
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- 14 Sep 2016
EXCEPTIONAL BUSINESS & FREEHOLD OPPORTUNITY IN HISTORIC ST ARNAUD
This 3 in 1 business and freehold property sits in a commanding main street position in the historic town of St Arnaud. The main business is operating as a take-a-way café selling Golden Fried Chicken and other hot foods, rolls and sandwiches, cakes and slices as well as other general comfort food lines. Secondary business is a well developed pizza business with almost no competition. These 2 businesses operate out of one building. The adjoining building has a third business selling fresh fruit and vegetable lines mainly and also some other confectionary and grocery lines.
All the businesses are run together as a single business in two main street wide frontage freehold buildings which also includes a 3 bedroom 2 story residence at the rear. The building has a highly visible presence to both locals and visitors, and offers exciting opportunities for its next owner to build on the existing business.
The freehold and business is being sold as a going concern with the current owners staying on to train the new owners. The buildings are fully equipped with kitchen, walk in cool rooms and freezers, storage rooms, owners 3 bedroom residence with living rooms, bathroom and laundry etc. There is also another 1 bedroom apartment at the rear of the fruit and vegetable business. There are 3 independent solar electricity systems (1 on each shop, and 1 on the residence) which significantly reduce energy costs.
Located within walking distance of all main banks, as well as the major amenities in the town centre, this business boasts solid pedestrian and drive-by traffic. This is an outstanding opportunity to invest in a vibrant, wealthy community with a strong agri-business economy. Current owners are realistic sellers as they are retiring and will be continuing to live in St Arnaud, thus are committed to assisting the new owners to settle in.
For further information on this opportunity, contact Brenda Ngan, on 0435152545, for details.
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
103-105 Napier Street ST ARNAUD