Unit 8/70 Charles Street Launceston TAS 7250

An appealing Freehold Investment Opportunity, occupied by one of Launceston's finest sushi bars and located in the strong Charles Street retail strip.

This ideal strata titles retail shop is well positioned on Charles Street, opposite the iconic Star Bar Hotel, close to Target and within half a block of the Brisbane Street Mall.

The shop provides a retail strata title of approx. 48 sqm and comprises both retail space with food preparation at the rear.

The fit-out provides a sharp but simplistic retail, with the current business of "Sushi To Go" being a well established food business in Launceston.

The property is secured by a lease of an initial term of 5 Years with 2 further terms of 5 Years. The Lessee is responsible for all outgoings (Statutory & Body Corp) making this a very appealing Net Rental.

The investment represents an attractive investment opportunity in our current low interest rate environment.