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Block Information

Block: 28, Section: 22

Block Map

NOTE

Always verify block details with the agent or vendor. These maps are generated by cross referencing with our spatial information database, but this does not mean they they will always correspond with the listed property. Measurements are estimates only.

Based on data provided under licence from PSMA Australia Limited (www.psma.com.au). © PSMA Australia 2010.

What's Nearby

Click here for more information about what's nearby to this property.


Distance to nearest Post Office

KINGSTON POST OFFICE - 3.6 km

Major Shopping Centre

RIVERSIDE PLAZA - 5.6 km

Hospital

QUEANBEYAN DISTRICT HOSPITAL & HEALTH SERVICE - 5.6 km

Primary School

NARRABUNDAH EARLY CHILDHOOD SCHOOL, NARRABUNDAH - 2.4 km

High School

TELOPEA HIGH SCHOOL, BARTON - 4.3 km

College

"ST CLARE'S COLLEGE" - 2.8 km

University

AUSTRALIAN NATIONAL UNIVERSITY - 7.8 km

(approximate straight line distances)

Canberra Profile

Average age: 31 years
Houses: 0.0%
Townhouses: 0.0%
Flats & units: 89.4%
Other: 10.6%
Population: 722
     

Investment Opportunity: Sizable Supermarket Produces Profits, Canberra

$2,500,000

Sizeable Supermarket Opportunity

This high profit cash business offers a long secure lease in a great location, backed by a full complement of twenty-six staff and a large, recently refurbished fit-out. It’s an unaffiliated supermarket.

Profit:

Over $728 000 in profit was seen last financial year, and that’s excluding the first two months. (Current owners purchased in August 2010).

Systems and staff:

Here’s the chance to work on rather than in your business. An experienced team of twenty-six staff ensures the business runs smoothly, efficiently, and most importantly, continues to do so even when the owner isn’t there. No point making money if you can’t take time to appreciate it.

Location and fit-out:

It’ll be easy to get customers into the store because the whole fit-out was refurbished in 2009 and there is ample parking and public transport nearby.

Secure lease:

Rent the massive 1300 + 600 square metre premises for $25,250 per month. This is an opportunity to focus on growing your business over the long term. The lease is in place until 2019, and there’s a further ten year option available at that point.

In brief:

  • Sales beyond $6,918,000 in 2011
  • Gross profit at 29.71%
  • Profit over $728,000
  • Rent 1900m2 for $25,250/month (plus outgoings of $11,165)
  • More than 7 years still to go on the lease. 10 year option.

Asking $2.5 million (including $1.2 million plant and equipment) plus stock

Power your portfolio in produce. Express your interest by using the ‘enquire’ form on this webpage or alternatively enquire via email to sales@capitalcommercial.com.au

Our friendly sales team is on standby to provide a detailed business dossier containing financial and operational information for this business.

Email is the best avenue, but we are also contactable by telephone on 02 6253 4664.

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Agent Details

Capital Commercial Business Sales

P: 02 6253 4664
F: 02 6253 4665
E: sales@capitalcommercial.com.au

Suite E1, 1 Hall Street Lyneham ACT 2602
www.capitalcommercial.com.au

Capital Commercial Canberra Pty Ltd
Licensed Agent
View all sales listings for this agency

Map & Location Information

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What do I need to purchase this property?

Initial Requirements (assuming sale price of $2,500,000)

Stamp duty $150,500
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (10%)2 $250,000
  Total initial payment:   $402,655

Monthly Repayments (assuming deposit of $250,000 and sale price of $2,500,000)2

Loan repayments on $2,250,000 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment:   $14,894 per month

Notes

  1. 1Legal fees are estimated and will vary from firm to firm.
  2. 2Includes application fee, mortgage legals and valuation for standard residential ACT property. Additional Land Titles Office fees are applicable for the registration and transfer of mortgage. The calculation given above is an example estimate only and may not correspond with what is commercially available.

Listing Age and Views

This listing was first displayed on 9/1/12, last updated on 3/5/12, and has been viewed 1802 times. Please note the counter is not updated immediately.

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