62 Meander Valley Road is available for sale with, or without the Westbury Hardware, Home & Co business. It offers an opportunity to secure a freehold property in an excellent corner location with great profile and masses of frontage. Comprising multiple tenancies and a longstanding business, or if purchased without the business a space available for your own use, or for lease by a range of prospective tenants. Westbury Hardware, Home & Co covers hardware, homewares, giftware, garden supplies, up styled furniture and plants – a one stop shop in thriving Westbury. Country prices and service, with free parking right by the door only add to the appeal for customers. Ready stocked and with scope to add your own flare, the existing business offers a foundation for further growth and has been developed by the current proprietor over the past 16 years. Adjoining Westbury Hardware, Home & Co is a cafe, currently leased and very well appointed with excellent kitchen, dining and amenities along with outdoor dining, the tenants are quickly developing a reputation for quality food and coffee. At the rear is a modern warehouse / workshop building comprising office space and four workshop bays, one of the bays is used by the business whilst the other bays are occupied by two tenants generating further income. The balance area comprises gravel hardstand and a slab that could be further developed. Part of this hardstand area is ingeniously leased for use as a car yard generating yet another income stream. The property represents a substantial corner holding of some 2,149m2 in total area with excellent profile and frontage. Here is an opportunity for a prospective purchaser with an enterprising mindset to secure an excellent base and foundation from which to further develop the property and also the Westbury Hardware, Home & Co business should you wish to purchase that as well. The standing within the community of the business, the multiple income streams the property provides, along with the chance to either consolidate or to grow the business make this an exciting opportunity indeed. Alternatively purchase the freehold property with the tenants in place and utilise the area occupied by the business for your own use, or offer it to the market for lease, either as one or multiple tenancies. Options exist to increase the various tenancy sizes by consolidating or amalgamating tenancies. The asking price displayed is for the freehold property only. Should you be interested in also purchasing the business it is available for sale for $25,000 plus stock at valuation and plant and equipment. The information on this website has in part been supplied to Humphreys Real Estate Pty. Ltd. by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the property. Humphreys Real Estate Pty. Ltd. has not checked the accuracy of the information and does no more than pass it on.
Email enquiry to Humphreys Real Estate - LAUNCESTON
Property ID: 504883968
Original Property ID: 504883968