5 Kendal Street Cowra NSW 2794

**Please note, the business is not for sale**

New to the market is this tastefully renovated commercial premises, situated in the heart of the main street of Cowra NSW.

Currently occupied to a popular catering and fine-dining restaurant 'Oak on Kendal', this property will be sound addition to investment portfolios, with a secure tenant in place until November 2026.

Property features & information;

• Freehold building with liquor license attached
• Two renovated bathrooms, includes disable access
• Commercial kitchenette area & service bar area
• As new ducted reverse cycle air-conditioning
• Fully re-wired & re-plumbed throughout
• Rear, upstairs and underneath storage rooms
• Upstairs potential for office, with toilet/plumbing
• Downstairs potential for use as a cellar
• Rear access with one off street carpark area
• Natural gas with instantaneous hot water system
• Total block size of 206sqm approx.
• Zoning - Local Centre

Tenancy information;

• Leased to 'Oak on Kendal' until November 2026
• Three year option to renew in the tenant's favour
• Annual rent increase applies to the lease
• Approx. 5% net return at the asking price of $499,000
• Family owned business with excellent reviews

Inspections are strictly by appointment and require a minimum of 48 hours-notice.

Contact Caley Mok on 0437 007 303 to inspect, or to obtain more information on the annual income, outgoings and tenancy agreement.

Oak on Kendal - https://www.facebook.com/profile.php?id=61571557747208

Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however, we cannot guarantee it.

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