87 Hill Street, Port Macquarie, NSW 2444

Retail

For Sale Contact Agent

  • Property ID: 380443
  • Floor Area: 300m²
  • Land Area: 702m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the node (FTTN)
HILL ST STORE IN THRIVING PORT MACQUARIE - AVAILABLE FREEHOLD OR LEASEHOLD

Phone enquiries - please quote property ID 25478.

The Hill Street Store is that great corner store we have all loved, and here in Port Macquarie, this store is practically an icon, as it is been around for 50 years! Current owners of 18 years have thoroughly enjoyed running the business and being part of this extremely vibrant community with the luxury of having weekends off all year round.

Port Macquarie has skyrocketed over the last 5 years with plenty more to come. A huge amount of development and expansion along with an ever-increasing population. Now with approximately 50,000 residents, Port Macquarie is the fastest-growing place in New South Wales.

The Hill Street store is your ‘real convenience store’ with groceries, deli items, sandwich bar, snacks, pies, cakes, coffee, cigarettes/tobacco, ice, Swap&Go gas and much more. AND THE RECENT ADDITION OF INSTANT SCRATCH-ITS.

Currently run by a husband and wife team, with excellent staff in place. Ideally suited for 5 people to effectively run efficiently. Note: staff are willing to stay on which will be a godsend to the new owner.

Turnover is approximately $5m p.a. with good nett profits.

Everything you need is here including excellent, top quality equipment:-

* 2 Moffat ovens (new)
* Electric Deep fryer (new)
* Hot chip dump (new)
* Massive Deli Display case
* 2 Pie warmers (1 new, 1 older)
* Large Cake cabinet (new)
* Mobile Cool room (for hire)
* Shop cool room
* Large smoke display (8 bays) plus onsite storage cupboards for back-up cigarettes
* Double group coffee machine and grinder (Boema)
* Donut Maker
* Robo coupe (for cutting food up)
* Meat Slicer
* Commercial above bench Mixer (new)
* Full electronic signage inside shop
* Gifts and tobacconist items (lighters/vapes/gifts)
* Chemical dispensing units throughout shop
* New uniforms (January 2021)
* Facebook & Instagram
* A full list can be provided

Owner is selling the business with the freehold available for a negotiable price. The business includes all fixtures, fittings and equipment. Stock will be sold at valuation which is approximately $250k (including cigarettes).

The freehold consists of:
* Freehold title: LOT 2 DP1046595
* 702m2 of land
* Buildings: approximately 300m2
* Solar (new)
* New roof
* Ducted air conditioning (25KVA system)
* Fresh paint inside & out

Alternatively, a solid lease can be negotiated.

For a business that has withstood all of the economy's ups and downs over the last 50 years including the global financial crisis, the GST introduction, and of course now COVID-19 (considered an essential service), it goes without saying this is a solid business with a good work/life balance and very worthy of your consideration.

Enquire today.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Port Macquarie Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $2667 --- ---
Offices --- $252 ---
Industrial --- $200 ---
This is the average advertised price, rent and yield for Port Macquarie, NSW 2444*

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™.
  • 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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