135 George Street Launceston TAS 7250

George Street is Launceston's home of hospitality, causing freehold properties such as 135 George to be rarely offered to market due to stable tenancies and rental growth potential.

Seize this opportunity to secure this hospitality property in a sought-after position with great street parking, extremely popular and reputable tenant whilst being on the doorstep to Launceston's blue ribbon suburbs.

Pickled Evenings is Launceston's premium Indian themed restaurant and has called 135 George Street home for well over a decade now and will continue to do so thanks to a 5 + 5 + 5 year lease from February 2022.

Property highlights:
Property is licenced for up to 98 seats
Enjoys a prominent position in George Street with front dining patio
Solid concrete and brick construction
Award winning, long standing Tenant with excellent track record
Exceptional fit-out and well-maintained property
Long term 5 + 5 + 5 year lease from February 2022
Tenant pays all statutory outgoings
Net rent: $50,075pa + GST

For further details contact Joel Harwood or Blake Shepherd.