3/20 Fletcher Byron Bay NSW 2481
SOLD - RETAIL SHOP SECURED ON LONG LEASE
Fletcher St, is without doubt the most on-trend street for tenants looking to secure space in Byron Bay. 3/20 Fletcher enjoys a corner location to the newly renovated Elysium Lane is adjacent to St Elmo’s and popular retails Hope and May and Mimosa.
3/20 Fletcher St corner location has fantastic shopfront exposure with window display both front and side. Located in a small building of 3 shops and 3 holiday rental apartments, the location is superb.
Secured on a new 4 + 4y rear lease by the long-standing tenant 11.11, a popular independent fashion boutique.The lease terms are impressive with 5% annual rent review and the tenant pays 100% of outgoings.
The 97sqm site includes 18sqm external apron at the shopfront that would make an ideal patio The site has been appointed to accommodate future use including a grease trap, and three phase power.
This is a solid opportunity to secure a modern shop in a great location secured by compelling rental returns.
|Date Sold||1 Feb 2018|
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|Last updated||1 Feb 2018|