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Shops 1 & 2, 16 Market Street, Woolgoolga, NSW 2456

Shops 1 & 2, 16 Market Street, Woolgoolga, NSW 2456

Retail Offices

  • For Sale
  • $1,100,000 GST exempt
  • For Sale

  • Floor Area
  • 205 m²
  • Building
  • Whole
  • Last Updated
  • Apr 07, 2021

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LJ Hooker Commercial - Coffs Harbour

40 Harbour Drive

Coffs Harbour NSW 2450

PRIME COMMERCIAL INVESTMENT

Shops 1 and 2 comprise modern ground floor commercial investment.

The premises is situated in a mixed commercial/residential two storey building, fronting busy Market Street, within the popular Woolgoolga CBD, and only a short stroll from the beach.

Market Street has evolved into a popular alfresco café/restaurant strip and is the location for the annual Eat Street Woolgoolga Festival.

Lessee Anchor Bar and Grill (ABG) operate a popular eating and drinking establishment in the high profile premises.

The premises enjoys an excellent, high quality modern fit out, exclusive access to 3 toilets and 3 car parking spaces. The restaurant has a strata area of 205m2 plus store of 13m2.

ABG have a 5+5+5 year lease from 21/5/18.

The current net annual rental is $72,140 plus GST plus 100% of the property's outgoings.

This prime investment enjoys the following features:
• High profile location
• Short walk from the beach
• Popular Eat Street position
• Long term lease
• High quality fitout
• Generous alfresco dining area
• Modern premises with attractive building depreciation allowances

Shops 1 & 2, 16 Market Street, Woolgoolga, NSW 2456

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