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GEORGE TOWN, TAS
No Ingoing Opportunity Cafe Bakery Do Your Own Business Rent $350+gst+og weekly New Lease
Macquarie Street, George Town, TAS, 7253
Food & Hospitality Businesses · Bakeries
No ingoing
An exciting entry level opportunity is now available to secure a spacious commercial premises in a prominent main road location in George Town.Currently trading as a bakery, the property offers a great opportunity for an incoming tenant to establish their own business. Subject to the appropriate approvals, the premises could potentially suit a range of uses, including food, retail, office or other commercial purposes.Key Features:Prominent main road frontageNo goodwill or ingoing business costOpportunity to establish your own businessLandlord is open to considering a range of suitable uses STCANew long-term lease availableExcellent opportunity for an experienced operator or new business venture3 phase power, NBN, 1x walk in cool room, split system, commercial flooring, no grease trap, bottled gasApprox 120 sqm floor areaThe incoming tenant will be responsible for making their own enquiries with the relevant authorities, including George Town Council, regarding the suitability and approvals required for their intended use and undertake any works required to prepare the premises for operation.Lease Details:Bond: Equivalent to 3 months' rentOutgoings payable by tenant: Including rates, water and land taxApproximate annual outgoings: $4,100Enquire today with Certified Practising Business Broker praveen.pant@businessbrokersnetwork.com.au or Praveen Pant 0432 256 682 INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE PROPERTY AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. Please Note: All figures quoted are approximate.
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Freehold property sale George Town Blank Canvas Vendor Finance Available O/O $299,000
Macquarie Street, George Town, TAS, 7253
Food & Hospitality Businesses · Bakeries
offers over $299,000 wiwo
Rare Freehold Commercial Opportunity George Town, Tasmania -Some vendor finance availableAn excellent opportunity to secure a freestanding commercial property in the heart of George Town ideal for investors or owner-operators alike.Zoned General Business, this solid double-brick premises has been home to the well-known Oven Bakery for over 40 years. Currently operating just 4 days per week as a semi-retirement venture by the landlord, the site presents untapped potential for new business activity.Built in the 1970s, the building enjoys strong street presence, high visibility to passing traffic, and ample on-street parking. It's well-suited for a bakery, caf, restaurant (STCA) or any retail business.Property Highlights:Freestanding double-brick building on a prominent siteZoned General Business versatile usage (STCA)Estimated rental income: $365$400 per weekPotential net yield of over 6%Seating for approx. 1215 customersIndoor space includes:1x split system air conditionerNBN connected3-phase power1x walk-in cool roomCommercial-grade vinyl flooringOutgoings:Council Rates: $1,419 p.a.Water Rates: $574 per quarterBuilding Insurance: $4,085 p.a.This is a smart buy for anyone seeking an affordable entry into commercial property ownership, or a great addition to an existing portfolio. With strong rental appeal and future growth potential, opportunities like this are becoming harder to find.Property is being sold on a walk in walk out basis or as a vacant building, depending on the price offered.Act fast contact us today for more information or to arrange an inspection.For further information or to arrange an inspection, please contact: Praveen Pant 0432 256 682 or praveen.pant@businessbrokersnetwork.com.au.INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. Please Note: All figures quoted are approximate.
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