Welcome to 104 Percival Road, Stanmore which is presented by Philipp Tsiprin of Kellys Property
Seize the Opportunity! Lease this mixed-use, two-storey freestanding property nestled in the thriving village of Stanmore. Boasting approximately 120m² of net lettable area on a generous parcel of land approximately 170m2, this space is designed for success. Enjoy convenient rear lane access to the garage, enhancing accessibility for both patrons and operations.
An Iconic Location:
This property is home to an established hospitality business that has been a beloved local staple for over 40 years, thriving in an area with minimal food competition. Strategically positioned just 200 meters from Stanmore railway station and city bus services, and only a short drive to Sydney University and RPA Hospital, this location guarantees a consistent flow of foot traffic.
Equipped for Success:
The property is equipped with essential utilities including Gas, Electricity, and a Grease Trap, making it an excellent choice for your hospitality venture. The current business also holds an On-Premises Liquor License since 08/11/1991-verify via Fair
Trading: License Verification. Original DA - 1991: Seating for Approximately 30 Occupants + Council has placed seating outside but this is STCA
Work-Life Balance:
Looking to work and live in the same place? This property offers the perfect solution! Featuring a ground-floor hospitality space ideal for a restaurant, along with a renovated two-bedroom apartment above-perfect for staff accommodation or personal use. Plus, consider expanding your business by utilizing the residential space to enhance operations.
Flexible Leasing Options:
There is also the possibility, subject to negotiation, to lease only the commercial space if the residential area is not required.
Competitive Rent:
Rent: $65,000 + GST Per Annum - This rate is for the full building, with the lessors consenting to subleasing the upstairs area if it's not needed, allowing you to benefit from rising rental income.
Outgoings:
Approximately $13,500 Per Annum-covering Building Insurance, Council Rates, Sydney Water Rates, Annual Fire Safety, and General Repairs & Maintenance. (100% of outgoings)
Don't Miss Out!
Contact Philipp Tsiprin at Kellys Property on 0498 388 338 today to schedule a viewing and take the first step towards establishing your restaurant & bar business in this unique Stanmore location. Don't miss out on this exceptional opportunity!
Note: All details provided are subject to verification. Interested parties should conduct their own enquiries regarding trading times, occupancy limits, and other relevant details.
Disclaimer: Kellys Property has not verified whether the information is accurate and has no belief one way or another in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate. Figures may be subject to change without notice.
