LJ Hooker Commercial Perth are pleased to present 531 Hay Street, Subiaco for sale by Offers to Purchase.
This well presented and established small bar occupying a strong location being centrally located in Subiaco is known as The Village Bar.
The property is leased for a term of 35 years from 1 September 2010.
Key Features:
Ground floor strata unit
Area - 421sqm *
Main bar area - 285sqm *
Commercial kitchen measuring 65sqm *
Manager's office and store room - 7sqm *
Covered yard area and beer cellar - 26sqm *
2 customer entrances
Tastefully presented modern main bar and seated area
Ducted reverse cycle air conditioning
The property is part of a larger strata titled site that comprises a total of 20 lots being a mixture of ground floor commercial/retail and first floor offices.
This investment opportunity provides the astute investor with income from 2 sources. The lease to The Village Bar and a lease over the common area car park to Wilson Parking.
Total current net income approximately $266,600 per annum.
IM available upon request.
For further information, contact the exclusive selling agents on:
Vincent Siciliano - 0488 355 535 / 08 9220 2205
Matthew Lyford - 0419 934 904 / 08 9220 2205
Alternatively contact the office on 08 9220 2200 / perth@ljhc.com.au.
