Food Outlet | Majura Park Shopping Centre | Affordable Lease

$130,000 WIWO

Description

A great exposure location for a brand seeking prominence in a high foot-traffic environment.

Constructed in 2023, this space features high-end fixtures and fittings, attractive décor, and a full commercial kitchen. The tenancy offers approximately 124 sqm of internal space plus an alfresco outdoor dining area, providing excellent flexibility for a variety of food concepts.

With an affordable base rent of only $76,444 per annum + GST and outgoings, a long-term lease, and a near-new premium fit out valued at approximately $700,000, this opportunity represents exceptional value for an experienced operator.

Although our client is very experienced in the industry, his model has not been right for the location. We are now seeking operators with a proven concept who can maximise the potential of this premium space and location.

Key Highlights:
• High foot-traffic location within a busy shopping centre
• Great exposure position ideal for strong brands
• Near-new fit out (2023) with quality fixtures and fittings
• Attractive décor with quality finishes and an inviting presentation
• Approx. 124 sqm internal space plus alfresco outdoor seating
• Lease Term 7 Years, plus 5 year option commenced in August 2023
• Monthly Base Rent $6,362.59 plus GST, Outgoings $1,271.70 plus GST
• Full commercial kitchen including a pizza oven and walk-in cool room
• Commercial, supportive landlord
• Walking distance to office buildings and a surrounding business park, providing a strong and consistent customer base of local shoppers and office workers
• Ideal for operators with a strong lunch-based offering
• Not suitable for a café due to existing tenancy mix

This is an outstanding opportunity to establish a proven concept in a fully fitted, modern, high-quality space—without the cost and time associated with fitting out a site from scratch.

This business is being listed as an asset and fit out sale only. No financial information will be provided.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Lease Info

7 + 5 Year Lease Commenced August 2023 Base Rent $6,362.59 per month plus GST and Outgoings

Size of Premises

124 SqM Premises plus 40 SqM Alfresco Dining Area

Reference No: KGMB1209

Business Listed by

Kristy Green

Hospitality Consultant and Sales Consultant @ GSE Hospitality Brokers

Over the past 20 years, my professional journey has been immersed in the dynamic world of hospitality, with a significant focus on the wholesale coffee industry.

That journey initially began in Sydney, where I cultivated my skills and my passion for the industry was born. In 2015, I relocated to Canberra, becoming deeply immersed in its unique and vibrant cafe and hospitality culture.

The last 13 years, have been dedicated to the wholesale coffee sector, working closely with cafes to elevate their businesses through the art of crafting exceptional coffee. My mission has always been clear: to assist cafe owners in achieving better results and fostering growth by enhancing the quality of their offerings.

What originated as a personal passion for coffee has naturally evolved into a broader passion to support and empower cafe owners. Beyond the pursuit of the perfect brew, my focus extended to assisting them in building more resilient businesses. This journey has afforded me the opportunity to observe and actively contribute to the transformation of the hospitality landscape.

With over two decades of hands-on experience, developing a wealth of knowledge and a steadfast commitment to fostering growth within the hospitality community. Whether through the refinement of coffee craftsmanship or the optimization of business strategies, my ultimate goal is to instigate positive change in the industry

I’m thrilled to now be working with the team at GSE, a business with a vision to enhance services in both consulting and brokerage for the hospitality industry. I’m excited to continue to support the Canberra cafe community.

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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.

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The prospective buyer hereby agrees not to approach 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.

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For Sale

Canberra ACT