An outstanding ground floor retail opportunity situated in the heart of Ballarat, known as Victoria's third largest city and home to substantial tourism and hospitality.
This iconic 1850s investment is securely leased to the award winning Beechworth Bakery on the corner of Grenville and Lewis St who has recently exercised their Option for a further 5 year term.
The former Water Board building has undergone a significant transformation as part of the initial opening. This includes renovations, painting, seating upgrades, installation of new counters and shop fittings, kitchen enhancements, as well as the addition of internal and external signage.
Features include:
- Ground Floor Retail Space
- Iconic Beechworth Bakery
- Building Area: 482sqm approx
- Land Area: 700sqm Including On-Grade Parking
- Net Rental: $166,238.40 Per Annum + GST
- Long Term Secure Tenant Since 2006
- Recently Exercised a Further Term of 5 Years
- Ample On-Site Car Parking: 17 Spaces on Title
- Prime Exposure to Grenville Street and Lewis Street
- Central to the Ballarat CBD Retail Precinct
- Front and Rear Access to the Premises
- Business Not For Sale
For further information please contact Hudson Bond Commercial on 98407700.