Multi-screen Cinema Complex with Long-Term Tenant Located on the Beautiful NSW South Coast!

- Orient Street,Batemans Bay NSW 2536

$2.45M

RetailSize: n/a
Block size: 1 m² approx.Retail size: 723 m² approx.
An exciting and unique opportunity to own the premises of a four screen compliant cinema complex has now become available.

Located in the popular NSW South Coast holiday destination of Batemans Bay, the complex is ideally situated in the heart of the town's CBD and on the main thoroughfare to the waterfront shops, cafes and restaurants.

Key Features & Benefits:
* Tenant is a long established and highly profitable Cinema Complex
* Trades 7 days & 7 nights
* Fantastic location on the beautiful NSW South Coast
* Eurobodalla shire is currently experiencing a high rate of population growth which is expected to continue for years to come
* Only cinema complex in the area, with the closest competition being located in Ulladulla and Narooma
* Gross Rental Income $191,822
* Net Rental Income $158,911
* Yield 6.5%
* Outgoings of $32,911 to be paid by tenant
* Terms and conditions of lease to be negotiated

Both the property and the business are owned by the vendor. The business is also for sale and our preference is to find the same buyer for both. Should this not be possible, we are seeking a property buyer who is prepared to allow for both the business and property sales to happen simultaneously.

Sale Price $2.45M

This is an exciting and unique opportunity not to be missed. Make and enquiry TODAY!

For more information about this property please contact Michael Newham of Finn Business Sales on 0419 263 014 or email michael.newham@finnbusinesssales.com.au

Inspections

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

Key Details

Property Type:Retail
Block Size:1 (approx)
Retail Size:723 (approx)
Stamp Duty:$120,052

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What's Nearby

Batemans Bay Primary SchoolPrimary School
1.4km
Batemans Bay High SchoolHigh School
2.9km
Batemans Bay District HospitalHospital
0.7km
The Village Centre Batemans BayMajor Shopping Centre
0.3km
St Peter's Anglican CollegeCollege
14.8km
Post OfficePost Office
0.3km
The Finn Group

Batemans Bay Suburb Information

 
 
Average Age
51 years
Population
1,432
Batemans Bay Profile
Batemans Bay Occupancy

Contact agents

The Finn Group

The Finn Group

View agency detailsMichael NewhamThe Finn Group
Please send me information on - Orient Street, Batemans Bay NSW 2536
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This listing has been viewed 14 times. It was first displayed on 13/09/19 and last updated on 13/09/19.