Tenanted Emporium Restaurant With Prominent Operator

Price Upon Application

16/1000a Ann Street

Fortitude Valley QLD 4006

Retail

FOR SALE

97m2

- Centrally located within the popular Emporium Fortitude Valley dining precinct, this 97sqm* + 81sqm* alfresco (178sqm* total) income generating asset offers a stand out opportunity to expand your portfolio
- Leased to Cucina by La Dolce Vita, the second location for this experienced Brisbane operator
- Net passing rent of $129,375.00 + outgoings + GST plus fixed 3.5% increased only
- Strong covenant with current lease term expiring 12/07/24 complimented by two x five (5) year options and multiple supporting guarantees
- Ideal opportunity to acquire a secure leased investment with easy 'sit and forget' income
- Available for an 'off-market' purchase, commercially sensible vendor will release at market yield

*Approximately

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.