Retail Vacant Shop & Offices Lease For Sale

Business description

The ground floor consists of 330 sq., mts. retail space (rent $247,000 p.a. or $4750 per week). At the rear of the store is 4 car parking spaces (70 sq. mts. which is also used as retail space ($15,000 p.a. or $288 per week).

Potential:
The showroom extends upstairs where there is another 100 sq. mts. ($28,000 p.a. or $538 per week). Total current retail area on both levels and car parking area is 500 sq. mts. (annual total retail rent is $290,500 or $5587 per week + outgoings).

Features:
There are 3 office spaces upstairs, 102, 47 and 35 sq. mts. = 184 sq. mts. Total rent $60,000 p.a. or $1154 p.w. + outgoings.

Premises:
330 sq. mts. + 4 car spaces (70 sq. mts) on street level - total 400 sq. mts. 300 sq. mts. retail / office area level 2

Location:
Situated on Spit Road, Mosman shopping strip and is currently operating as a retail outlet with offices let on the second level.

Lease:
5 + 5 years

Property information

Location:

Situated on Spit Road, Mosman shopping strip and is currently operating as a retail outlet with offices let on the second level.

Other information

Expansion potential:

The showroom extends upstairs where there is another 100 sq. mts. ($28,000 p.a. or $538 per week). Total current retail area on both levels and car parking area is 500 sq. mts. (annual total retail rent is $290,500 or $5587 per week + outgoings).

Contact the seller