39-44/225 ILLAWARRA CRESCENT
Ballajura


$1,100,000 ZERO GST

Property Features


Property ID: 3441227

Building Size
668 m2
Land Size
668.00 m2

TAVERN- RESTARAUNT - BEER GARDEN -FULLY LEASED INVESTMENT


LOCATION - Ballajura City Shopping Centre Ballajura consisting of approximately 46 retail outlets - Ballajura is one of Perth's most heavily populated North/East Suburbs.

- TRADING NAME -CRICKETERS ARMS TAVERN - this is a long established business on this site.

- PROPERTY - This unique property consists of 6 titles all with frontage to the customer flow at the Ballajura Shopping Centre, total lettable area is 668 SQUARE METRES , this in itself is a very unusual opportunity if some time in the future the owner wished to recreate several lettable tenancies.
- LEASE -The current lease term is a renewed term of 6 years commencing on the the 10th of October 2019 and expiring on the 9th of October 2025.
- OPTIONAL TERM- At the expiry of the current lease term the lessee has another optional term of 6 years.
- PN for a full disclosure of the lease terms and conditions please contact CHRIS FARRIS 0413945667.
- RENTAL - The current rental is $54,080;00PA excluding variable outgoings plus GST.
- LIQUOR LICENSE - the liquor license for this site is owned by the lessor and will stay with the property to be used by the lessee at the time.
GENERAL - This site has a very experienced operator who runs the Tavern, Restaurant, TAB and beer garden it, is a pace locals frequent.
FOR FULL DETAILS - Chris Farris 0413945667
Email [email protected]
Johnson Property Group Australia Pty Ltd
31/25 Walters Drive
Osborne Park WA 6017