29 Armstrong Street North Ballarat Central VIC 3350

CBD location
Impressive Return on Investment

Goldfish Real Estate Ballarat is delighted to present this versatile freehold retail shop for sale in Armstrong Street North's Retail Precinct, Ballarat CBD with unique and admired business running successfully for more than 28years by same owner without taking advantage of social media and technology. This strategic location offers the rare opportunities for young entrepreneurs, investors, and future retail occupiers to secure a prime retail space at a price point rarely offered.

PROPERTY's KEY FEATURE AND HIGHLIGHTS:

Spanning a total area of 300 square metres*
Double story building, ground floor for the retail and first floor has one therapy room and open space for storage & rehearsal space access from inside and the back yard, work lab, kitchen, one toilet and garage.
Area average rental income is approx. $300.00 PSMPA;
Positioned within the CBD's main retail hub where all the anchor stores such as Myer, Rebel, Harris Scarfe, Big W Target, Coles, Woolworth, Dan Murphy, famous food precinct and Cafés;
Walking distance to State Govt Offices, Council Offices, Ballarat Hospital and Ballarat Central train station;
1 Hr Free Council Parking at front and 6 Private Car Parks at rear.

SALE - BRAND & BUSINESS

Lotus Oils is a proudly local brand running successfully for the last 28 years in the city of Ballarat. It's a specialised store in handcrafted and chemical free natural care products, gifts, and essential oils retail store. It is a unique store, calm and welcoming with quirky cottage type feeling. It offers largest range handcrafted and chemical free eco-friendly natural essential oils and always been known to have the highest quality products, mainly essential oils, body care products, skin care and pain relief. Demonstrated profitable business with stable income;
Regular & reliable customer base;
Same ownership for 28 years
Very stable and has potential for growth;
For more information, information memorandum or private inspection, call Subhash on 0423 916 840 or Jitender on 0430 381 816;
Please see the below link for an up-to-date copy of the due diligence checklist: http://www.consumer.vic.gov.au/duediligencechecklist
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent *Images for illustrative purposes only*Goldfish