New price
Huge price reduction for immediate sale! Great potential, fully equipped Kingston Restaurant with long lease.

54 Giles Street,Kingston ACT 2604

$45,000

BusinessSize: n/a
UV: $1,024,000 (2019)

Summary
Located in bustling Kingston surrounded by new developments. Only $45,000 will secure this wonderful location with a fully equiped kitchen. Why pay enormous money to set up a restaurant from scratch?


Potential
Enormous potential in an incredible location. Change minor cosmetics to have your own fully equiped restaurant in the heart of Kingston. All of the work has already been done. What isd your dream?


Reason For Sale
Unfortunate circumstances have prevented the owner from spending the time required to drive the business and concentrating on family is a high priority. This gives you the perfect opportunity to pick up a bargain in the right location.


Description
An extremely unique and remarkable opportunity to get into the rapidly developing Kingston precinct on the cheap. Only $45,000 will secure this fully equipped kitchen with long lease to match. Why pay hundreds of thousands to fit out a new restaurant when you can pick up an incredible location for a fraction of the price? A splash of paint and it completely transforms the business into whatever your dream is.


Location counts in business and this location is ideal to start your venture. Located on the extremely busy Giles Street in Kingston, any good concept has the ability to pay big dividends.


Do not leave your enquiry too long as even at this price, we are willing to negotiate with the right buyer. The landlord has already been in contact regarding a potential new tenant which will make for an extremely easy transition.

What are you waiting for? Bring your dream alive today. Call Andrew from Summit Business Brokers now on 0418 676 400 to secure this remarkable opportunity.




Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Business
Block:4
Section:21
Unimproved Value:$1,024,000 (2019)
Stamp Duty:$0

Maps and area information

Land Details
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Block information
Block 4 Section 21 Kingston
Unimproved value: $1,024,000 (2019)
Legal description: CANB/KING/21/4/
Block Map
No block information available
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2019.
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What's Nearby

Telopea Primary School, BartonPrimary School
0.7km
Telopea High School, BartonHigh School
0.7km
The Canberra HospitalHospital
4.9km
Canberra CentreMajor Shopping Centre
4km
Australian National UniversityUniversity
4.5km
Aust. Federal Police CollCollege
0.7km
Kingston Post OfficePost Office
0.1km

Kingston Suburb Information

 
 
Average Age
33 years
Population
2,978
Kingston Profile
Kingston Occupancy

Contact agents

Summit Business Brokers

View agency details
Andrew NuttallSummit Business Brokers
Please send me information on 54 Giles Street, Kingston ACT 2604
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This listing has been viewed 621 times. It was first displayed on 02/02/19 and last updated on 06/06/19.