PRIME ASHBURTON VILLAGE FREEHOLD INVESTMENT LEASED TO PREMIUM DAILY NEEDS GROCER – SOLD

227 High Street, Ashburton

PRIME ASHBURTON VILLAGE FREEHOLD INVESTMENT LEASED TO PREMIUM DAILY NEEDS GROCER “TOP SHELF”

Emmetts is pleased to present for sale a prime retail village freehold investment, leased to highly successful daily needs grocery business “Top Shelf”.

Investment considerations include:

+ High Street is a high-performance neighbourhood village retail strip, providing daily needs retail amenity to the affluent suburb of Ashburton.

+ Limited alternate competing retail amenity in the suburb.

+ The property is positioned in the prime position in the strip surrounded by daily needs retailers.

+ Abundant at-grade public car parking surrounding the strip including directly behind the property.

+ Irreplaceable freehold land of 222 sq m*

+ Two-storey building comprising ground floor retail shop plus first floor dwelling.

+ 6 metre* frontage to High Street with return frontage to large public car park.

+ Securely leased to successful premium daily needs grocery business “Top Shelf”.

+ Current rent $86,528 pa plus GST & outgoings.

+ High quality fit out completed by tenant.

+ Future value-add potential with surplus land at rear.

The property is offered for sale by Expressions of Interest closing 3rd December 2020 at 3pm.

* denotes approx.

For further information on this sale, contact the exclusive selling agents.

Call Us

Charles Emmett
+61 402 358 069
Andrew Milligan
+61 421 559 992

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