116-116A King William Road, Goodwood

HIGHLY VERSATILE BUILDING IMPROVEMENTS SET ON PROMINENT CORNER ALLOTMENT 2 AUTONOMOUS TENANCY AREAS, ONE OF WHICH IS APPROVED AS A LICENSED RESTAURANT

116-116A King William Road, Goodwood

  • Price: $59,500pa
  • Location:GOODWOOD

HIGHLY VERSATILE BUILDING IMPROVEMENTS SET ON PROMINENT CORNER ALLOTMENT 2 AUTONOMOUS TENANCY AREAS, ONE OF WHICH IS APPROVED AS A LICENSED RESTAURANT

1. CORNER TENANCY, COMPRISING FULLY APPROVED LICENSED RESTAURANT CAFÉ, WITH A LETTABLE AREA OF APPROX 151 SQM AS BORDERED IN RED ON ASSOCAITED PLAN.

The premises are available for immediate letting to an approved Tenant and the continuance of a Licensed Restaurant/Café is essential.

The Restaurant Licence in place NO 50619192 will be assigned from the Landlord to approved Tenant and according to that Licence; there are 2 AREAS, one of which accommodates alfresco seating facing Boffa Street, with total seating capacity at any one time, no more than 50 persons.

The premises will be let inclusive of the Landlords in ground grease arrestor, extraction canopy & flue and all built in infrastructure. Rental required is $83,200.00 PA + GST + outgoings of approx. $12,000.00 PA + GST, with any approved fit out and new installations to be completed by Tenant.

A long term lease can be offered with Personal Guarantees required, together with a Bank Guarantee, equivalent to 4 months GST inclusive commencing rental.

2. TENANCY WITH A LETTABLE AREA OF APPROX 148 SQM AS BORDERED IN YELLOW ON ASSOCIATED PLAN.

The premises are available for immediate letting to an approved Tenant and were formerly utilised as a retail clothing boutique.

The premises are fully self-contained, air-conditioned and include valuable rear/side access.

Rental required is $59,500.00 PA + GST with any approved fit out to be completed by Tenant. Suit continued use as retail outlet or possible conversion to food related activity (STNC).

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