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288 Powell Street Grafton NSW 2460

  • Hotel / Leisure
  • 1,350 m²
  • Commercial Auction

Large Commercial Opportunity With Broad Potential-Bidding Expected From $700,000

A fantastic opportunity to secure this freehold 14 lane tenpin bowling facility. It is ideally positioned opposite Grafton Racecourse and Greyhound Track, next door to a new PCYC development, close to schools, gyms and childcare facilities.

Positioned on 3,916 square metres with a sealed concrete car park of 67 spaces and a sizable portion of the block currently underutilised providing the opportunity for further development or expansion.

Key Features on offer:
- 14 lane tenpin bowling facility with associated machinery and equipment
- Cafe/takeaway facility with commercial kitchen and liquor license
- Arcade space and machinery lease
- Pro shop for equipment sales and serving
- Event and functions area
- Full customer amenities and separate staff amenities available
- Multiple spacious store rooms, workshop and office spaces
- Large solar system with 186 panels
- Air conditioning
- Back-up diesel generator
- Clear span (column free) floor space
- Active and loyal customer base with ongoing events, functions and bookings
- Zoning that provides a broad scope of possible commercial and recreational applications

The business is currently profitable despite few promotional activities in the past and coupled with underutilised assets provides enormous growth potential for the new owners. With multiple large scale infrastructure projects going ahead across the Grafton Region and the peak profit season fast approaching the new owners can immediately capitalise on this fantastic opportunity. With motivated vendors, building and pest reports and financials available, interested parties should contact Harrison Tory on 0435 066 571 or Ben Hottes on 0458 423 888.

Auction date and time21/09/2019 12:00
Auction locationOn Site - 288 Powell Street, Grafton

Property Highlights

Property ID2015542808
Floor Area1,350 m²
Land Area3,916 m²
Parking67 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  12 Sep 2019
Map for 288 Powell Street Grafton NSW 2460
Ray White Grafton
14 Prince Street Grafton NSW 2460

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