Sold

Fully Fitted Food Premises / Prime Position / Very Low Rent

$120,000 WIWO

Description

Don’t miss this fantastic opportunity to capitalise on a premises that is ready to occupy immediately for food and retail use.

The commercial premises is extremely well located in the prime northern Brisbane suburb of Grange, surrounded by schools, parks, sporting facilities and moments from Kedron Brook Rd.

Located in a complex enjoying high exposure with major arterial roads in close proximity making it easy for dispatch or deliveries.

The property is ideal for an incoming operator to use the kitchen as a catering and/or events space as well as being the backbone to a retail food destination.

Currently trading as a high end Patisserie, no expense has been spared on the leasehold fit out.

Key Features:

FITTED OUT FOOD SHOP – READY FOR YOUR BUSINESS – LOW RENT

Leasehold and fit out only for sale.

– Fully equipped commercial kitchen with walk-in cool room
– Custom cabinetry and refrigerated glass displays
– 3 phase power, gas connection, grease trap and mechanical exhaust
– Very low rent, no outgoings with long lease
– Rear access for van loading and deliveries and private rear customer carpark
– Modern glass frontage with outdoor seating area
– 3km to airport link tunnel, 4kms from James Street and 5kms to CBD.
– Available Now

Lease Info

Rent - $778 per week incl. outgoings Commenced 1st October 2019 5 x 5 Fixed 3% increases 3 month bond

Size of Premises

Approx. 70 square metres Full commercial kitchen Outdoor seating area

Opportunity

This is a perfect opportunity for the astute operator to capitalise on the location, size and prime position within the Grange shopping hub, surrounded by many long standing and successful restaurants, cafes and retail outlets. Ideal for a baker wanting a second outlet to grow the business or a pizza delivery franchise, cupcake or donut store or good quality takeaway. There is lots of opportunity!

Reference No: AMBT0851

Business Listed by

Julian Mero

Managing Partner of GSE QLD | Senior Hospitality Consultant |Licensed Real Estate Agent & Hospitality Business Broker @ GSE Hospitality Brokers

Growing up in the hospitality industry with my dad owning an Italian restaurant, and my mum owning a ski lodge with a fine dining restaurant, it’s safe to say hospitality is in my DNA!

After I left school I wanted to try something different, so I entered the sporting industry, working at world class companies such as Nike Australia, FILA International and Pacific Dunlop, where I enjoyed and excelled in sales and marketing roles.

I loved my time in the sporting industry, but the itch to be part of the hospitality industry never left me, so when an opportunity came up to invest in and operate a restaurant in Brisbane, I jumped at the chance.

Over almost a decade, I invested in and operated multiple restaurants and a coffee specialty café, I became the National Operations Manager of the group – which eventually established 25 restaurants and 6 coffee specialty cafes trading under The Groove Train and Coffee Hit brands.

In 2015 we sold the business to Minor DKL – the parent company of The Coffee Club. Knowing that the sale was imminent I decided to further educate myself and completed my Masters in Business Administration at The University of Queensland.

In my role at large institutional landlord looking after food and beverage leasing, I have gained extensive knowledge and experience about the site selection process, lease negotiation structures and the details of how the industries best businesses achieve favorable leases.

Having owned, operated, and sold hospitality businesses, together with working for one of the countries premium institutional landlords. my experience is very well rounded. If you need help with the day to day running of your business, growth strategies or with any lease/landlord requirements please do not hesitate to reach out.

Request more Information about this business

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The Prospective Buyer of the Business agrees to be bound by this deed as follows: All information of a confidential nature disclosed to the Prospective Buyer (including to Agents, legal & other advisors) may not be disclosed to any other party prior to, during a subsequent to the entering into by the Prospective Buyer of a contract.

All records of the Business, financial, intellectual or otherwise are confidential and must remain so. This deed does not prevent any party from making a disclosure required by the law and does not include information normally in the public domain.

The Prospective Buyer acknowledges information supplied by GSE Business Consultants: Is provided by and on behalf of the Business Owner. Is not guaranteed by GSE Business Consultants and it shall be the responsibility of the Prospective Buyer to do whatever is reasonably necessary at its own expense to verify such information GSE Business Consultants are not acting as an investment or financial advisor.

The Prospective Buyer confirms GSE Business Consultants, having supplied the material requested by the Prospective Buyer does so as agent only and as such bears no responsibility for the accuracy thereof or any errors contained therein and the Prospective Buyer will not hold GSE Business Consultants liable for any loss or damage sustained with respect to reliance on such information.

The prospective buyer hereby agrees not to approach the landlord, property managing agent, any staff member or the business owner either directly or indirectly. When visiting the venue as a customer this must be done with absolute discretion.. Furthermore, the prospective buyer agrees not to discuss the sale of the business with anyone without first disclosing that person’s contact information to GSE.

All information and material provided under this deed will be returned, destroyed or otherwise dealt with in accordance with the Business Owner’s instructions if no contract is entered into. All contact with the business owner must be organised through GSE unless the business owner is advertising through The Six Steps to Sale Program offered by GSE.

The prospective buyer hereby accepts that their contact information may be shared with the seller of any business on which an inquiry has been made. GSE will not share the contact information of the prospective buyer with anyone outside of GSE with the exception of the business owner as referred to above.
In addition to accepting the terms outlined above, please be aware that by agreeing to the GSE Confidentiality Agreement, you also consent to receive marketing communications from GSE related to similar business opportunities. Your contact information may be shared with the seller of any business in which you express interest, as well as with GSE for the purpose of facilitating such transactions. Rest assured that GSE will not share your contact information with any third parties outside of our organization, except as mentioned above in relation to the business owner. Thank you for your understanding and cooperation in this matter.

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