AAA investment opportunity offering one of Lygon Street's most established restaurants. Lygon Charcoal Grill & Steakhouse is a successful steak house restaurant operating for more than 24 years in Melbourne's world renowned Lygon Street restaurant precinct.
The property is approximately 307m2* and comprises main dining area, function room, fully equipped kitchen, undercover alfresco seating on Lygon Street, a convenient one bedroom apartment on the third level and rear car park.
- Lessee: Lygon Steakhouse Pty Ltd
- Term: New 10+5+5+5 year lease
- Commencement date: 1st July 2016
- Rental $95,000 per annum + outgoings
- Reviews: Annual CPI
- Six month bond
For comprehensive Information Memoandum and inspection contact Charles Cini 0411423389
*approx