Historic Commercial Investment - Long term tenant/Fixed lease

AT A GLANCE
88-90 East Street offers an abundance of potential, with nothing else on the market quite like this, it is sure to go quick. This property is rich in history constructed in the early 20th century This property is full of historical and ornate features.

ABOUT THIS SPACE
Currently being leased to long term tenants of over 9 Years using the area as a Boutique store, Florist, and Popular cafe. Offering 2 shop fronts that are currently being used by the one tenant which then leads to the extremely large main area where the cafe operates This area also features access of the East Street via a long hallway enriched in history this area of the property was once the Narrandera billiards hall. The shop then leads to another large area that has been separated into a second kitchenette and space for a florist.

The property also boasts a beautiful outside entertaining area which gives access to the external 1 bedroom flat at the back of the property currently being utilised as storage rooms.

Additional information
– 3 Shops + flat on one title
– Entire property lease to 1 tenant
– Cafe, Florist and home-wares store
– Tenant of over 10 Years
– New 2×2 year lease signed ending July 2024
– Very established strong local business
– Return of $23,400* per annum inc GST
– Outgoing paid by the landlord

For information memorandum or to book an inspection. Please contact Andrew Pellow on 0488 226 135.