21 King William Street, Adelaide

A TRULY UNIQUE STATE HERITAGE LISTED RETAIL CHAMBER WITH MEZZANINE LEVEL IN THE HEART OF ADELAIDE'S RETAIL/TOURIST PRECINCT

21 King William Street, Adelaide

  • Price: Contact for price
  • Location:ADELAIDE

A TRULY UNIQUE STATE HERITAGE LISTED RETAIL CHAMBER WITH MEZZANINE LEVEL IN THE HEART OF ADELAIDE'S RETAIL/TOURIST PRECINCT

The premises (Lot 62 CP 23717) were formerly disposed as a retail banking chamber and in recent years have been converted to a licensed restaurant with Special Circumstances License. The area available for letting is contained within a Community Title Lot and has a total net lettable area of 514sqm, 96sqm is located at mezzanine level.

The premises enjoy impressive architectural features and provide the opportunity to establish or relocate a retail or food related business into a flagship location.

The premises are listed on the State Heritage Data Base and according to information provided; any suggested internal modifications and installations to the internal fabric of the premises will require consent from the State Heritage Unit or relevant Council.

The premises are available for immediate letting (to an approved Tenant) and a minimum initial lease term of 5 years is expected with options to extend available.

The premises will be let and taken on a 'as is' basis and include existing plumbing connections, extraction canopy and flue, various built ins and base air conditioning.

Common toilet amenities are provided at the basement level of the complex.

Rental required is realistically set a $275,000.00 PA + GST and outgoings of approximately $73,000.00 PA + GST.

The Special Circumstances License No.50208415 is now suspended in favour of the Landlord and a copy of that License which records the capacities, hours of operation and approval to sell wine can be obtained by contacting the Leasing Agent. This licence can be made available for Transfer to an approved Tenant (if required by that party), subject to the consent of the office of The Liquor and Gambling Commissioner.

To register your interest in leasing this unique retail chamber, contact Sole Leasing Agent on 8410 6444.

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