Location:
Alexandria 2015 > Sydney - Greater > New South Wales
Investment level:
$149,000
Type:
Business
Industry:
Retail > Newsagency, Lottery & Post Office > Tobacconist
The recently fitted tobacconist, lotto, News Agency and gift shop has been in business Centre, busiest area in low rent
Key Features
- $10,000 weekly sales, 160 SQM Area
- Current lease expires in September 2025, with a three-year renewal option, only 3% increase
- There are approximately fifty residential apartments on top of the shop, so there is always foot traffic and potential for diversification.
- The current operating hours are from 7:30 a.m. to 5 p.m., Can extend trading hour 24/7
- The property is fully equipped with benches, shelves, display counters, a safe, and/or a cigarette cabinet.
- The weekly rent is $1100, and a subleased three-bedroom unit in the rear is available for $600. The actual rent is $500 per week
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