MARGARET RIVER WA 6285
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- Floor area:
- 11 x Onsite parking
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- NABERS energy rating
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- 10 Jan 2017
No Goodwill - Free Plant and Equipment - Just Take Over the Lease
Here it is! Renovated main street premises. This is a fantastic opportunity for an enterprising buyer to make the most of all the hard work that has already been done here! The iconic "Tuck Shop" in Margaret River's main street has been totally re-invented, with a light and bright open plan design, sparkling new bathrooms, spacious commercial kitchen, the addition of a bar area and office, plus the extension of the rear to include an outdoor alfresco area. The renovations have been completed by a renowned local builder and the property now has approval to seat 55 patrons, plus there is provision for 11 car bays to the rear.
With prime street frontage that spans almost 20m, this building has always had great street presence and has historically been an extremely popular location for eateries to trade. With the renovations now completed the lease holder has had a change of plan and wants it sold.
There is a 5 year lease in place with 2 further terms available.
It is well worth an inspection to truly understand how fabulous it looks and to recognise the amazing potential it offers.
Purchase of Lease and Fit Out: $11,000
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