The Property

• Main road location
• Currently operating under the Cellarbrations group
• High profile eastern suburbs bottle shop
• High volume wine sale
• Easily accessible off street car parking
• RETAIL LIQUOR MERCHANT'S LICENCE ATTACHED TO PREMISES

The Particulars

• Current lease set to expire on the 5th September 2011
• Current net rental of $62,640 per annum with tenant paying all outgoings
• Current tenant of nearly 15 years is prepared to enter into a new lease
• Indicative commencing net rental of new lease $95,000 per annum
• Annual increases at the rate of CPI with market reviews upon renewal

The Commentary

The choice is yours...enter into a new lease with the current tenant and reap the reward of a solid investment OR acquire the Retail Liquor Merchant's Licence upon the expiration of the current lease and re-develop an eastern suburbs liquor store.

Method of Sale - PRIVATE TREATY (For Sale)

Genuine offers will be considered...A NEGOTIABLE OFFERING!