Burgess Rawson are pleased to present to the market for sale 142 Fitzgerald Street, East Northam. The property is fully leased to a single tenant trading as Comfort Style Furniture and Bedding. The property resides on a land area of 931sqm and a gross building area of 707sqm*. The property is situated in the centre of the main street in Northam and has excellent exposure with large frontage and strong passing traffic.
Lease Summary
- Tenant: Comfort Style Furniture & Bedding Pty Ltd TA Comfort Style Furniture & Bedding
- Net Rent: $66,927.48 pa
- Rent Reviews: Fixed 3.5% Increases with a Market Review at the options.
- Lease Expiry: 31st October 2028
- Options: Two 5 year options
Tenant Profile
Trading as 'Comfort Style Furniture & Bedding' which has over 20 stores across the state the brand is very well renowned and known in WA. The current operator has multiple stores in WA and an in depth knowledge of the operation in Northam and other regional towns in WA.
Comfort Style Furniture and Bedding offer its customers a large range of products at low prices for customer's living rooms, dining rooms, bedrooms, offices and offers offer storage solutions. The brand prides itself on high quality service and providing its customer's with expert advice on their next furniture or bedding purchase.
Gross Building Area
707sqm
Asking Price
$850,000 (Going Concern)
For further information or to arrange an inspection, please contact the exclusive leasing agents.
*Approx
