MARGATE TAS 7054
$55,000 pa (excl. GST)
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- 17 Sep 2016
Restaurant For Lease Pear Ridge Margate Tasmania
For Lease Only
Pear Ridge – Venue 1683 Channel Highway MARGATE, TASMANIA
“Here is a truly beautiful & flexible location for events and reception – all in one place.”
*For Lease Full Kitchen equipment, Gas cooking,
*Full set up for Dining Area.
*Seating for 100 People
*A full Bar and FOH Equipped for service.
*Fantastic views of the gardens from the Balcony with seating.
*We are looking for a Tenant “EXPERIENCED”
in the Restaurant industry.
* 3 X 3 Year lease available.
*The premises is currently utilized as a Wedding function centre,
*The Gardens For Weddings are available upon request.
*Gardens can be leased separately on 3 Hour or Day Basis as required.
*The Terms of Lease by negotiation.
*Rent Starting at 55,000.00 per annum Plus Outgoings.
*Generous Honeymoon Period offered
Estimate of annual outgoings:
Rates $ 2610
Tas Water $2200
Land Tax $875
Electricity cost & gas own use.
Garden around entrance / car park $220 per month fully maintained.
This Fantastic Venue is being offered on a lease basis only.
A Couple or family could operate with a Chef.
Choose your style: casual alfresco, a shared banquet, or formal.
Price: Upon application
Stock Value: Upon application
Net Profit: Upon application
Turnover: Upon application
Lease Terms: 3 Plus 3 Years
Trading Hours: As Required
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