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Food Joint And Veggie Mama for Sale at Mount Lawley, Western Australia.

Food Joint And Veggie Mama For Sale At Mount Lawley, Western Australia.

Posted on: 27-Nov-2016

Listing ID

L-2929

Listing Type

SALE

Listing Category

Business

Total Views

1341

Pricing

AUD 1,000,000

listing_Description

Business Description

Food Joint and Veggie Mama for Sale at Mount Lawley, Western Australia. - STRONG LEASE – PRIME LOCATION – LONG TERM TENANT – SUCCESSFUL BUSINESS – ON THE VIBRANT BEAUFORT STREET STRIP – AREA 93m2 (plus u/c carbay) Veggie Mama’s an iconic restraint established in 2011, now enjoys a dedicated following. Located on the corner of Beaufort and Vincent Streets in the heart of the Beaufort Street Strip with ample parking nearby. Lessee has just extended the lease by 7-years to 2023 with a rent of $51,658.87 (excl GST) plus outgoings with a fixed rent review of 5% P.A. plus a 5-year option. This property offers location, long lease, great tenant, solid return and locked in growth!! Title details Lot 5 on Strata Plan 21608 Certificate of Title Vol. 1911 Fol. 41 Zoned City of Vincent Commercial; Land use Shops Area – Floor Area 82m2 Titled Alfresco 11m2 Covered Parking 13m2 Total 106m2 Present Lease Commencement – 1st May 2016 – Expiry 30th April 2023 Current Rent – $51,658.87 P.A. plus GST and Outgoings Rent Reviews 5% Fixed Annual Increase, Market Review at Option. Option 5 years Estimated Outgoings Budget – $6,045 P.A. ASKING PRICE $1,000,000 as a going concern.

Commercial Catagory

Business Category

Hotel, Restaurants and Food Services
Restaurants & Takeaways

Business_location

Business Location

Mount Lawley, Western Australia, Australia

Operational_information

Operational Information

Year of Establishment : N/A
No of Employee : N/A
No of Years trading : N/A
Trading Hours From : N/A
Trading Hours To: N/A
Listing Type

Company Details

Type : Sole Proprietorship
Status : In Active
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Profit & Pricing

Business Turnover : N/A
Total Expenses : N/A
Gross profit : N/A
Net profit : N/A

Listing Type

Business Expenses

Others : -

Contact Seller

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