12 Bank Street, Molong, NSW 2866

Retail

Sold $385,000

  • Property ID: 320007
  • Floor Area: 322m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
  • Cafes: 4 nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 322m2 N/A N/A
COMMERCIAL PROPERTY WITH ESTABLISHED CAFE / CELLAR DOOR / FULLY LICENSED

Phone enquiries - please quote property ID 20620.

This all-round business is being sold FREEHOLD with the commercial property. It is a rare opportunity, as the business is the only licensed premises in town, outside of the pubs.

THE FREEHOLD:-

* The land size is 342m2 including a 27m2 parking bay
* The building size is approximately 320m2 and was built in 1941. Art-Deco Façade and in good condition.
* Zoned: Local Centre

It is situated in the heart of Molong, Central West NSW and approximately 30km from Orange. It has a population around 3,000 with great community living.



THE BUSINESS:-

Established for 7+ years with multiple sources of income derived from:-

* Alcohol sales (cellar door)

* Café (coffee (exclusive brand), excellent food and beverages)
* Gift store (packaged food items, olive oils, olives etc)



It is the ultimate ‘All-round’ business offering something for all the family. There is also live music organised monthly and people travel from far distances to come and spend time in this retro-ambient cafe. There are retro booths, memorabilia, in-built speakers and chandelier, just to name a few things. It has to be seen to believed!



GROWTH OPPORTUNITIES:-

Although the business currently trades 5 days per week, it does not open in the evenings. Firstly the alcohol licence means you can just sell alcohol, in addition there is a huge demand from the locals wanting it to be open but current owners cannot facilitate this due to family commitments.

Birthday parties could also be further explored. The premises have a separate function room which would be ideal.



INCLUSIONS:-

The sale includes the freehold commercial premises, the business, facebook presence with over 1200 community, the stock (around $60k), all fixtures, fittings and equipment. A full list of equipment can be provided to genuine interested parties.

This business is highly recommended for you to see. It has a healthy turnover and net profit and provides new owner options to grow. It is a business well loved by the local and extended community. Owner is being modest with the price. Owner is selling on a walk in walk out basis and is inviting offers to be in writing.

Make your enquiry today to find out more.

Molong Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $1196 --- ---
This is the average advertised price, rent and yield for Molong, NSW 2866*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 12 Bank Street, Molong, NSW 2866. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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