Located on Northams prime corner location at the only set of traffic lights in town, this high profile location is now being offered for sale with a current lease in place to Beaurepaires. It is believed that the site has been used continuously as a tyre repair shop for well over 65 years.
This site offers both the income today, plus the investment eye to the future given this high profile location.
Current term expires February 2021
Two further options of 3 years each
Annual rent reviews
Current rent $43,260 per annum plus outgoings and GST
The property is offered for sale as a going concern.
For further details and a copy of the information memorandum please, contact Cambell Giles.