Brand New Supermarket - Brand New For Sale

Business description

This is a mixed use development site under construction but nearing completion. It is comprised of approximately 20 home units above two levels of commercial office space and ground floor retail space. The Supermarket space can be any size between 600m2 and 933m2. Off street parking is on the same level as the Supermarket at the rear of the Supermarket and additional dedicated parking is available in the basement as well as general parking for approx 12 cars outside the Supermarket. The rear parking area will be accessible once the lane is widened into a two way street and continued on to connect with the street to the West. These requirements are all part of the DA approval conditions.

Potential
There seems to be little or no opportunity apparent for a major competitor to be able to source sufficient land for a significant challenge to this store, at least in the foreseeable future. The existing competition is a considerable distance from this store and well outside the primary catchment area.

Features
Main road positioning with 45,000 cars per day passing the site. No competition. Potential plus.

Premises
This business will have an area between 600 sq mts. and 933 sq. mts.

Location
South West of Sydney on the City fringe.

Trading Hours
7 days per week under normal supermarket trading hours.

Lease
20 years plus 10 years plus 5 years. Rent Free period is a further 12 weeks. Rental Increase 4% PA payable monthly after first 12 months

Employees
Normal supermarket staffing requirments trading 7 days per week.

Comments

Property information

Location:

South West of Sydney on the City fringe.

Other information

Expansion potential:

There seems to be little or no opportunity apparent for a major competitor to be able to source sufficient land for a significant challenge to this store, at least in the foreseeable future. The existing competition is a considerable distance from this store and well outside the primary catchment area.

Trading hours:

7 days per week under normal supermarket trading hours.