EOI NOW CLOSED
Exceptionally positioned in the tightly held boutique group of bayside Brighton shops, your investment is flanked by other strong retailers such as Vintage Cellars, Philippa's Bakery, Soul Press, Devolas Fruit and newcomers, The Italian Chef and The Meatsmith.
Dominating this strip are food/beverage related businesses which all compliment one another and continue to expand. This is something critical in today's retail strip environment.
With excellent client and customer parking and situated close to St Leonards College and Haileybury College, this retail strip has loyal patronage
Key features include:
* Long standing tenant: 'In a Pickle Deli'
* Current net rental of $44,712 p.a (will be $46,500 p.a as at January 2021)
* Five (5) Year Lease expiring 31st January 2024
* Tenant has two further options of five (5) years
* Fixed increases of 4% throughout the lease
* Tenant pays all outgoings (excluding land tax)
* Rear laneway access for deliveries
* Building area: 150sqm*
* Land component: 223sqm*
* Commercial 1 zoning
* Huge development upside STCA: (refer to property next door at 628 for inspiration).
For further information or to arrange an inspection, please contact:
James Glen 0401 493 277
PLEASE NOTE:
* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.
